Statute · California Education Code

Cal. Educ. Code § 17183.5 — California School Finance Authority

Cal. Educ. Code § 17183.5

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2007-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

In enacting this chapter, it is the intent of the Legislature to provide financing only for projects demonstrated by the participating party to be financially feasible. In demonstrating financial feasibility, the participating party may take into account all of its funds, and may base future…

Citator

Cal. Educ. Code § 17183.5 — California School Finance Authority is in force in the current edition of the Code, and nothing recorded condemns it.

In enacting this chapter, it is the intent of the Legislature to provide financing only for projects demonstrated by the participating party to be financially feasible. In demonstrating financial feasibility, the participating party may take into account all of its funds, and may base future projections upon historical experience or reasonable expectations, or a combination thereof. Nothing in this section shall be construed to imply that any project is required to produce revenue in order to be financed under this chapter.