California Education Code

§ 41207.42

EDC § 41207.42 Effective Jun 27, 2016Div. 3 · Title 2 · Part 24 · Ch. 2

Statute text

(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 State School Fund for allocation by the Superintendent pursuant to this section.

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Legislative history

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