§ 16039 Annual Financial Statement Publication

Public Utilities Code·California

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Key Takeaways

•Every year, the board must check how much money the district has.
•They have to write it down and make sure it's correct.
•They must share this money report with everyone right away.

Example

Imagine your school's principal checks how much money the school has at the end of the year.

The principal writes down how much money is left and shares this report with all the parents and teachers so everyone knows.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 16039 Annual Financial Statement Publication

At the first meeting after the end of each fiscal year, the board shall render and immediately cause to be published a verified statement of the financial condition of the district. (Added by Stats. 1953, Ch. 72.)

Last verified: January 23, 2026

Key Terms

board fiscal year verified statement financial condition district

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 16039.

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Key Takeaways

Example

Key Terms

Related Statutes

References