Statute · California Education Code
Cal. Educ. Code § 89773 — Use of General Fund Support Appropriations for Capital Expenditures and Capital Outlay Projects
Cal. Educ. Code § 89773
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 2014-06-20
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The California State University shall manage its debt programs in a manner so that not more than 12 percent of its General Fund support appropriation, less the amount of that appropriation that is required to fund general obligation bond payments and State Public Works Board rental payments, is…
Citator
Cal. Educ. Code § 89773 — Use of General Fund Support Appropriations for Capital Expenditures and Capital Outlay Projects is in force in the current edition of the Code, and nothing recorded condemns it.
The California State University shall manage its debt programs in a manner so that not more than 12 percent of its General Fund support appropriation, less the amount of that appropriation that is required to fund general obligation bond payments and State Public Works Board rental payments, is used for the total of both of the following:
(a) Debt service for capital expenditures pursuant to Section 89770.
(b) Pay-as-you-go capital outlay projects pursuant to Section 89771.