California Statutes

§ 41207.42. — 41207.42. (Added by Stats. 2016, Ch. 29, Sec. 8.)

California·Code EDC Education Code - EDC·Div. 3.·Title 2. DIVISION 3. LOCAL ADMINISTRATION·Part 24. PART 24. SCHOOL FINANCE·Ch. 2. CHAPTER 2. Determination of Minimum Level of Education Funding
(a)
(1)The sum of two hundred eighteen million dollars ($218,000,000) is hereby appropriated in the 2016–17 fiscal year from the General Fund for allocation to school districts and community college districts for the purpose of offsetting the 2009–10 fiscal year outstanding balance of the minimum funding obligation to school districts and community college districts pursuant to Section 8 of Article XVI of the California Constitution.
(2)The amount appropriated pursuant to paragraph (1) shall be allocated to school districts and community college districts, as described in subdivision (a) of Section 41203.1, in accordance with the following:
(A)One hundred ninety-four million one hundred seventy-three thousand dollars ($194,173,000) for transfer by the Controller to Section A of the Stat

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California § 41207.42. (41207.42. (Added by Stats. 2016, Ch. 29, Sec. 8.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2016, Ch. 29, Sec. 8. (SB 828) Effective June 27, 2016.

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