Fiscal Provisions - District Agricultural Associations - Food And Agriculture - CA

Section § 4001

This section describes how an association in California should use money it receives. The money, unless it's from selling real property or agreements related to oil and gas extractions, must be spent on the association's general use, maintenance, memberships in livestock and fair associations, support, and operation. Funds can also go towards recreational and cultural facilities at fairgrounds.

Any money which is received by any association, other than from the sale of real property or pursuant to a lease, easement, or agreement for the extraction of oil or gas from lands owned or controlled by it, shall be retained and used by the association for its:

(a) General use and purposes.

(b) Maintenance.

(d) Support and operation.

(e) Acquisition, installation, maintenance, and operation of recreational and cultural facilities at its fairgrounds.

association funding use of funds maintenance costs ...

Section § 4002

When an association sells a property, the money from that sale goes into the Fair and Exposition Fund. The association can use this money, with proper approval, to make permanent improvements for fair purposes, buy equipment, or acquire new property for these improvements. However, agreements like leases or oil and gas extractions do not count as property sales under this law.

The proceeds of the sale of any interest in real property which is owned by any association shall be paid into the Fair and Exposition Fund. The amount which is paid into the fund shall be available for expenditure by the association, with the approval of the department and the State Public Works Board, for any of the following purposes:

(a) Permanent improvements for fair purposes on the property of the association.

(b) Purchase of equipment for fair purposes.

(c) Acquisition or purchase of real property, including costs of appraisal or other incidental costs, to be used as sites for the permanent improvements.

The execution of any lease, easement, or agreement for the extraction of any oil or gas from lands owned or controlled by an association is not a sale of an interest in real property within the meaning of this section.

Fair and Exposition Fund association property sale permanent improvements ...

Section § 4003

This law says that if money put into the Fair and Exposition Fund isn't used within three years, it becomes available for state or local fair-related improvements or equipment. This can include permanent facility upgrades or buying property for fair purposes. The funds are allocated by the secretary.

Any money that is not expended within three years after being paid into the Fair and Exposition Fund pursuant to Section 4002 shall be added to and become a part of the amount available pursuant to Section 3204 for permanent improvements on the property of the state, citrus, county, or district agricultural associations for fair purposes, or the purchase of equipment for fair purposes, or the acquisition or purchase of real property, including costs of appraisal or other incidental costs, to be used as sites for those permanent improvements, in amounts as may be allocated by the secretary.

Fair and Exposition Fund unexpended funds permanent improvements ...

Section § 4004

If an association oversees land and earns money from oil or gas extraction leases, easements, or agreements, all those earnings must go into the state's General Fund.

All revenue which is received by any association pursuant to any lease, easement, or agreement for the extraction of oil or gas from any land that is owned or controlled by it shall be paid into the General Fund.

revenue from oil gas extraction revenue leases for extraction ...