Defendant Beatrice Aguirre was detained by store security personnel after attempting to pay for purchases with a suspected counterfeit $100 bill. She was placed under arrest by a responding police officer, who, on conducting a search of defendant's purse incident to her arrest, found $1,130 in counterfeit $100, $20 and $5 bills, as well as 40 "washed out" $1 bills the officer believed were on their way to becoming counterfeit $100 bills. Defendant was charged with several felonies, including one count of forgery in violation of Penal Code section 476. She subsequently pleaded no contest to the forgery charge. The following year, defendant sought to recall her sentence under Proposition 47 ( Cal. Const., art. II, § 10, subd. (a); Pen. Code, § 1170.18 ) for resentencing as a misdemeanor. The trial court denied her petition on the ground the value of the counterfeit currency exceeded $950.
Defendant's principal argument on appeal is that the trial court erred in totaling the value of the counterfeit currency she *329possessed and should have, *431instead, followed cases holding the face amounts of forged checks cannot be aggregated for purposes of Proposition 47. We conclude the forged check cases are inapplicable and the total amount of counterfeit currency possessed by a defendant at a given time properly determines whether the crime of possessing counterfeit currency remains a "wobbler" or must be charged and sentenced as a misdemeanor. Indeed, as we explain, were that not the case, there could never be a felony conviction for possession of counterfeit currency, even for a suitcase of bogus bills, because the largest denomination the United States Federal Reserve prints in paper currency is $100. We discern no intent on the part of the proponents of Proposition 47 or the electorate to entirely eliminate felony convictions for possession of counterfeit currency. We therefore affirm the denial of defendant's petition for resentencing. We also affirm the trial court's refusal to split her sentence between mandatory supervision and county jail, but agree the court erred in imposing a parole revocation restitution fee.
II. BACKGROUND
In the summer of 2015, police officers responded to a report of someone trying to make a purchase using counterfeit currency. When officers arrived on the scene, defendant told them she was unaware the $100 bill she had tried to use was counterfeit. However, the store clerk alerted the officers that defendant had several other $100 bills in her purse. Defendant, who was on probation at the time, refused to allow the officers to search her purse, and they subsequently arrested her. Defendant then admitted she possessed both drugs and additional counterfeit bills, and upon conducting a search of her purse, the officers found an additional $1,130 in counterfeit $5, $20 and $100 bills, as well as 40 "washed out" $1 bills the officers believed were in the "stage of production" of becoming counterfeit $100 bills, along with 4.19 grams of methamphetamine and a glass pipe.
Defendant was charged with felony forgery ( Pen. Code, § 4761 -count 1), one count of misdemeanor possession of methamphetamine ( Health & Saf. Code, § 11377, subd. (a) -count 2) and one count of second degree commercial burglary (§ 459-count 3). It was further alleged as to count 1 that defendant had served two prior prison terms. (§ 667.5, subd. (b).)
Defendant eventually pleaded no contest to felony forgery ( § 476 ).2 The district attorney agreed to dismiss the remaining counts and priors, and that *432defendant would be allowed to withdraw her plea if she was found ineligible for probation. When defendant failed to appear for sentencing, the trial court issued a bench warrant, and she was subsequently apprehended.
Defendant's criminal history dated back to 1984, and she had never successfully completed a grant of probation. The probation department initially recommended a split sentence, i.e., defendant would serve one year of a three-year sentence in county jail and the rest on mandatory supervision.
*330However, probation thereafter reported defendant had sustained two new criminal arrests, both for forgery offenses. In light of defendant's failure to appear for sentencing and her subsequent criminal conduct the probation department dropped its split sentence recommendation, as it "no longer appears appropriate." Instead, the department recommended denial of probation and "imposition of the full incarceration period of three years."
The trial court imposed a lesser sentence than that recommended by probation-the midterm of two years, as well as various fees, including a $300 section 1202.45 parole revocation restitution fee. The trial court stated "It's apparent to me from [defendant's] behavior as well as while she was pending judgment and sentence that she is not a good candidate for probation. [¶] For those same reasons I'm providing-a split sentence would not be appropriate in this case because of the time chasing her down and trying to offer her services, she has received a ton of services. [¶] At this point in time, the ultimate service provider would be the jail which has more programs in it including the WRAP program and the Anka program. I hope [defendant] avails herself of the opportunity. ..."
Defendant subsequently filed a petition for resentencing pursuant to Proposition 47, which the trial court denied "based upon the number of counterfeit bills she was in possession [of] at the time" of the offense.
III. DISCUSSION
A. Proposition 47
In November 2014, the California electorate passed Proposition 47, the Safe Neighborhoods and Schools Act. ( People v. Page (2017) 3 Cal.5th 1175, 1179, 225 Cal.Rptr.3d 786, 406 P.3d 319.) This measure "downgraded several crimes from felonies to misdemeanors," one of its purposes being "to reduce the number of prisoners serving sentences for nonviolent crimes, both to save money and to shift prison spending toward more serious offenses." ( People v. Romanowski (2017) 2 Cal.5th 903, 907, 215 Cal.Rptr.3d 758, 391 P.3d 633.)
*433"Prior to Proposition 47, all forgery offenses were 'wobblers,' meaning they could be charged and punished either as a felony or a misdemeanor." ( People v. Bloomfield (2017) 13 Cal.App.5th 647, 651, 221 Cal.Rptr.3d 128 ( Bloomfield ); see § 473, subd. (a).)
Proposition 47 amended section 473, the general forgery sentencing statute, so that it now contains two subdivisions. Subdivision (a) preserves the prior "wobbler" language and states: "Forgery is punishable by imprisonment in a county jail for not more than one year, or by imprisonment pursuant to subdivision (h) of Section 1170." (§ 473, subd. (a).) Subdivision (b) spells out exceptions to this general proviso and states in relevant part: "Notwithstanding subdivision (a), any person who is guilty of forgery relating to a check, bond, bank bill, note, cashier's check, traveler's check, or money order, where the value of the check, bond, bank bill, note, cashier's check, traveler's check, or money order does not exceed nine hundred fifty dollars ($950), shall be punishable by imprisonment in a county jail for not more than one year, except that such person may instead be punished pursuant to subdivision (h) of Section 1170 if that person has one or more prior convictions. ... This subdivision shall not be applicable to any person who is convicted both of forgery and of identity theft, as defined in Section 530.5." (§ 473, subd. (b).)
In short, while there are numerous forgery offenses (e.g., §§ 470, subds. (a)-(d), 470a, 470b, 471, 472, 474, 475, subds. (a)-*331(c), 476), Proposition 47 singled out only "seven specific instruments for reduced punishment," and the voters "signaled their intent not to include all forgery offenses in Proposition 47." ( Bloomfield , supra , 13 Cal.App.5th at p. 653, 221 Cal.Rptr.3d 128 ; see People v. Martinez (2016) 5 Cal.App.5th 234, 241-243, 209 Cal.Rptr.3d 480.)
Since the passage of Proposition 47, three published cases have dealt with issues concerning the possession of counterfeit currency. Two have addressed whether counterfeit paper currency is a "bank bill" for purposes of Proposition 47 and thus among the enumerated instruments now potentially excepted from "wobbler" status. ( People v. Mutter (2016) 1 Cal.App.5th 429, 434-436, 204 Cal.Rptr.3d 643 ( Mutter ); People v. Maynarich (2016) 248 Cal.App.4th 77, 80-81, 203 Cal.Rptr.3d 260 ( Maynarich ).) Both answered this question in the affirmative. ( Mutter , at p. 436, 204 Cal.Rptr.3d 643 [" 'bank bill' refers to the modern definition, i.e., currency"]; Maynarich , at p. 80, 203 Cal.Rptr.3d 260 ["United States currency, issued by the Federal Reserve Bank, qualifies as a bank bill or note."].) The third case considered whether value can be attributed to counterfeiting materials, such as security strips, Benjamin Franklin faces, and blank money paper, in order to disqualify a defendant from eligibility for resentencing as a misdemeanor. ( People v. Rendon (2016) 5 Cal.App.5th 422, 424-425, 208 Cal.Rptr.3d 848 ( Rendon ).) The court answered this question in the negative. ( Id. at pp. 425-427, 208 Cal.Rptr.3d 848.)
*434None of these cases expressly addressed how Proposition 47's $950 benchmark should be determined in a possession of counterfeit currency case. They impliedly did so, however, in concluding this bar was not exceeded and the defendants were eligible for resentencing. In Mutter , the defendant admitted at the plea hearing "he had 'some counterfeit bills and tried to pass them.' " ( Mutter , supra , 1 Cal.App.5th at p. 432, 204 Cal.Rptr.3d 643.) The plea form did not "include the amount of the counterfeit bills." ( Ibid. ) However, at the resentencing hearing, the prosecutor had affirmatively agreed "the value of the counterfeit bills was, at most, $700." ( Id. at p. 436, 204 Cal.Rptr.3d 643.) The appellate court thus found "the value element [required for Proposition 47 resentencing] has been satisfied." ( Ibid. ) In Maynarich , it was undisputed probation officers found the defendant in possession of three counterfeit $50 bills. ( Maynarich , supra , 248 Cal.App.4th at p. 79, 203 Cal.Rptr.3d 260.) Accordingly, there was "no issue as to whether the value of the bank bills he possessed exceeded $950." ( Id. at p. 81, 203 Cal.Rptr.3d 260.) In Rendon , "the only fictitious or altered bills or notes defendant possessed that had any discernable value were the two $100 bills and the three $20 bills." ( Rendon , supra , 5 Cal.App.5th at p. 426, 208 Cal.Rptr.3d 848.) The prosecution could not, said the court, point to the counterfeiting materials the defendant also had in her possession to boost the value of the crime over the $950 benchmark. ( Id. at pp. 426-427, 208 Cal.Rptr.3d 848.) Thus, the defendant was "correct that the evidence here showed that the value of the altered or fictitious bills she possessed did not exceed $950." ( Id. at p. 427, 208 Cal.Rptr.3d 848 ; cf. People v. Gonzales (2016) 6 Cal.App.5th 1067, 1070, 1072, 211 Cal.Rptr.3d 814 [face values of forged checks underlying multiple counts could not be aggregated with the counterfeit bills totaling only $650 underlying a separate count], review granted on another ground Feb. 15, 2017, S240044.)
Mutter , Maynarich and Rendon , thus imply that, insofar as possession of counterfeit currency is concerned, whether the crime remains a wobbler, or must be *332charged and sentenced as a misdemeanor, is determined by the total value of the counterfeit currency possessed by the defendant. Indeed, defendant has not directed our attention to a single possession of counterfeit currency case that suggests that whether the offense must be charged and sentenced as a misdemeanor under Proposition 47 turns on the individual denominations of the counterfeit bills, rather than the total value of the bogus currency on which the charge is based.
Moreover, if the $950 benchmark for possession of counterfeit currency is determined by the single highest denomination bill found in a defendant's possession, then Proposition 47 will have effectively eliminated the crime of felony possession of counterfeit currency, as the United States Treasury does *435not produce paper currency in any denomination higher than $100.3 Thus, the chances of anyone possessing a counterfeit bill with a greater face value are virtually nonexistent, and even if the defendant had a briefcase with $50,000 in counterfeit bills, the possessory crime would have to be charged and sentenced as a misdemeanor. We discern nothing in Proposition 47 or its legislative history (consisting of the materials sent to the voters) that suggests the proponents of the measure and the electorate intended to eliminate felony possession of counterfeit currency and to treat a mule in a big time counterfeiting operation the same as a petty criminal with a few counterfeit bills. (See Bloomfield , supra , 13 Cal.App.5th at p. 654, 221 Cal.Rptr.3d 128 ["In each instance where the ballot materials mention forgery offenses, they specifically refer to check forgery."].) Such a result would also be at odds with Proposition 47's treatment of those forging checks. A defendant forging a $50,000 check, of course, can be charged with a felony and sentenced accordingly. It makes no sense that a defendant carrying $50,000 in counterfeit currency could be charged only with a misdemeanor because the highest denomination of the bills in his bag was $100. We will not read Proposition 47 in a manner that is at odds with its apparent purposes and leads to an absurd result. (See People v. Moore (2004) 118 Cal.App.4th 74, 77, 81, 12 Cal.Rptr.3d 649.)
Defendant places reliance on several cases dealing with forged checks and holding whether a defendant qualifies for resentencing under Proposition 47 is determined by the face value of each individual check and not their aggregate value. ( People v. Salmorin (2016) 1 Cal.App.5th 738, 745-754, 205 Cal.Rptr.3d 142 ( Salmorin ); People v. Hoffman (2015) 241 Cal.App.4th 1304, 1310-1311, 194 Cal.Rptr.3d 658 ( Hoffman ).) In Salmorin , the defendant and a cohort came into possession of a number of stolen checks and, when arrested, had five of the checks in their possession-one was still blank, one was made out to an assumed name used by the defendant, two were payable to his cohort, and one was payable to another individual. The prosecutor's theory was that the two had committed the forgeries as a joint criminal enterprise and charged the defendant with one count of forgery under section 470, subdivision (d). ( Salmorin , at p. 742, 205 Cal.Rptr.3d 142.) In Hoffman , the defendant took a book of checks belonging to her parents and over three months, forged her mother's signature on 18 of the checks. She eventually pled guilty to seven of the 18 counts of felony forgery under *333section 470, subdivision (d) based on the checks. ( Hoffman , at p. 1307, 194 Cal.Rptr.3d 658.) Salmorin and Hoffman , thus, involved multiple separate acts of forging separate documents, and the defendants in both cases were convicted of violating section 470, subdivision (d). *436Here, in contrast, the defendant committed a singular act-possessing $1,130 in counterfeit currency-and was convicted of violating section 476. Accordingly, much of the discussion in Salmorin that " '[n]ormally, separate acts ... are separate offenses' " ( Salmorin , supra , 1 Cal.App.5th at p. 748-749, 205 Cal.Rptr.3d 142, quoting People v. Neder (1971) 16 Cal.App.3d 846, 851, 94 Cal.Rptr. 364 ( Neder )) and that the courts have generally followed the " 'rule of one count of forgery per instrument' " because it " 'is in accord with the essence of forgery, which is making or passing a false document' " ( Salmarin , at p. 749, 205 Cal.Rptr.3d 142, quoting People v. Kenefick (2009) 170 Cal.App.4th 114, 123, 87 Cal.Rptr.3d 773 ), does not pertain to the crime at issue here-one act of possessing multiple counterfeit bills.
Indeed, Neder , on which Salmorin grounds its discussion that multiple acts of forgery are separate crimes, involved forging a credit card holder's signature on three separate sales slips for the purchase of different goods from three different sales clerks. ( Neder , supra , 16 Cal.App.3d at p. 850, 94 Cal.Rptr. 364.) The Neder court held the defendant was properly convicted of three counts of forgery, rejecting his assertion he could only be convicted of a single count because each of the three acts of forging the card holder's signature was part of a single plan. ( Id. at p. 852, 94 Cal.Rptr. 364.) "The real essence of the crime of forgery," said the court, "has to do with the means, i.e., the act of signing the name of another with intent to defraud and without authority, or of falsely making a document, or of uttering the document with intent to defraud." ( Id. at pp. 852-853, 94 Cal.Rptr. 364.) And for that reason, "designation of a series of forgeries as one forgery would be a confusing fiction." ( Id. at p. 853, 94 Cal.Rptr. 364.)
However, the acts Neder identified are not the essence of the crime of possessing counterfeit currency. And designating the possession of multiple counterfeit bills at one time as a single crime is not in any way a "confusing fiction."
In fact, defendant has not called to our attention any authority suggesting she could properly have been charged and convicted of as many counts of violating section 476 as she had counterfeit bills in her possession, and the authority appears to be to the contrary. (See People v. Morelos (2008) 168 Cal.App.4th 758, 764, 85 Cal.Rptr.3d 741 [reversing multiple counts of possessing blank forged checks; defendants could be convicted of only one count as to each victim]; People v. Carter (1977) 75 Cal.App.3d 865, 868, 870-871, 142 Cal.Rptr. 517 [simultaneous possession of multiple forged checks did not constitute multiple crimes], superseded by statute on another ground as stated in People v. Todd (1994) 22 Cal.App.4th 82, 86, 27 Cal.Rptr.2d 276 ; People v. Bowie (1977) 72 Cal.App.3d 143, 156-157, 140 Cal.Rptr. 49 ( Bowie ) [where the defendant "possessed all 11 [blank] checks at the same time," he "was guilty of only 1 [forgery] violation" for possessing a *437blank check with the intent to complete and pass it, and distinguishing Neder because it was not "based on possession" and involved "three separate forgeries"].)
Given our view that the crime of possessing counterfeit currency at issue here is fundamentally different from the multiple check forging crimes at issue in Salmorin and Hoffman , we need not and do not address these cases further, and we affirm *334the trial court's denial of defendant's petition for resentencing under Proposition 47.
B.-C.**
IV. DISPOSITION
The section 1202.45 parole revocation restitution fine is stricken, and the trial court is directed to prepare an amended abstract of judgment reflecting this and to promptly forward the amended abstract to the Department of Corrections and Rehabilitation. The judgment is otherwise affirmed.
We concur:
Humes, P.J.
Margulies, J.
Certified for Partial Publication .*