Statute · California Education Code

Cal. Educ. Code § 41207.44 — Determination of Minimum Level of Education Funding

Cal. Educ. Code § 41207.44

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2017-06-27
Current through
Nov 2, 2026 (California Legislative Counsel)

If the Superintendent and the Director of Finance jointly determine that, for the 2016–17 fiscal year, the state has applied moneys for the support of school districts and community college districts in an amount that exceeds the minimum amount required for the 2016–17 fiscal year pursuant to…

Citator

Cal. Educ. Code § 41207.44 — Determination of Minimum Level of Education Funding is in force in the current edition of the Code, and nothing recorded condemns it.

If the Superintendent and the Director of Finance jointly determine that, for the 2016–17 fiscal year, the state has applied moneys for the support of school districts and community college districts in an amount that exceeds the minimum amount required for the 2016–17 fiscal year pursuant to Section 8 of Article XVI of the California Constitution, the excess, up to five hundred thirteen million six hundred forty-three thousand dollars ($513,643,000) shall be deemed, as of June 30, 2017, a payment in satisfaction of the 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, for the 2009–10 fiscal year.