Statute · California Education Code
Cal. Educ. Code § 42238.017 — Apportionments and Revenue Control
Cal. Educ. Code § 42238.017
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2025-06-27
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In any fiscal year, if a decline in Education Protection Account revenue results in a nontransfer of funds into the Education Protection Account fourth-quarter payment, the Superintendent shall recover a local educational agency’s overpayment of Education Protection Account funds from the…
Citator
Cal. Educ. Code § 42238.017 — Apportionments and Revenue Control is in force in the current edition of the Code, and nothing recorded condemns it.
In any fiscal year, if a decline in Education Protection Account revenue results in a nontransfer of funds into the Education Protection Account fourth-quarter payment, the Superintendent shall recover a local educational agency’s overpayment of Education Protection Account funds from the current year’s second principal apportionment payment made pursuant to Section 14041 for deposit into the Education Protection Account. The fourth-quarter Education Protection Account payment for the current fiscal year shall be made by the Controller as soon as practical, but no later than August 15 of the subsequent fiscal year.