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Education Code - EDC - EDC § 15723
Education Code - EDC - EDC § 15723
The election by a school district upon the acceptance, expenditure, and repayment of an apportionment prescribed by Section 15721 may be called and held either before or after the making of an apportionment. All elections held prior to October 13, 1950, whether before or after th
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Education Code - EDC - EDC § 15724
Education Code - EDC - EDC § 15724
Whenever a conditional apportionment has been made, and the county auditor has inadvertently and erroneously included in his certification of the outstanding bonded indebtedness of the school district the bonded indebtedness of another school district having the same, or substant
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Education Code - EDC - EDC § 15725
Education Code - EDC - EDC § 15725
No apportionment shall be made to a school district for any grade level if the estimated cost of the project, as approved by the Director of General Services, is (1) an amount which would result in an apportionment to the district exceeding the amount authorized at the district e
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Education Code - EDC - EDC § 15726
Education Code - EDC - EDC § 15726
As used in Section 15725 of the Education Code, the phrase “adjusted to the next highest one-eighth of 1 percent” means “increased by a full one-eighth of 1 percent.” It is hereby declared that this construction is not intended as a change in the present law, but as a declaration
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Education Code - EDC - EDC § 15727
Education Code - EDC - EDC § 15727
No apportionment shall be made to a district for the construction, reconstruction, or alteration of, or addition to, school buildings if the requirements prescribed by this code for the construction of school buildings are not met by the plans for the entire building program of t
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Education Code - EDC - EDC § 15728
Education Code - EDC - EDC § 15728
Each district to which an apportionment has been made under this chapter shall repay the principal amount of the apportionment and the accrued interest thereon in the amount and in the manner hereinafter provided in this chapter.
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Education Code - EDC - EDC § 15729
Education Code - EDC - EDC § 15729
The following definitions apply to the computations and determinations required to be made under Sections 15730, 15732, and 15733, and they apply with respect to each grade level of a district for which grade level an apportionment has become final during any preceding fiscal yea
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Education Code - EDC - EDC § 15730
Education Code - EDC - EDC § 15730
On or before the first day of December of each fiscal year, the Director of General Services shall determine for each grade level and certify to the Controller the eligible bonded debt service for the district, as follows: (a) He or she shall determine the amount of the bonded in
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Education Code - EDC - EDC § 15731
Education Code - EDC - EDC § 15731
Notwithstanding any other provisions of this chapter, a school district otherwise eligible to receive a conditional apportionment under Chapter 8 (commencing with Section 16000) of this part may apply for an adjustment of annual repayment obligations under this chapter. The board
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Education Code - EDC - EDC § 15732
Education Code - EDC - EDC § 15732
On or before the first day of January of each fiscal year, the Controller shall compute for each grade level of a district for which grade level an apportionment has become final during any preceding fiscal year the 40-cent tax amount, the 30-cent tax amount and the 10-cent tax a
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Education Code - EDC - EDC § 15733
Education Code - EDC - EDC § 15733
On or before the first day of January of each fiscal year the Controller shall determine the annual repayment, if any, to be due from each district during the next succeeding fiscal year, as follows: (a) If, for any grade level of a district, the amount of the eligible bonded deb
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Education Code - EDC - EDC § 15734
Education Code - EDC - EDC § 15734
Notwithstanding any other provision of this chapter, and regardless of how many apportionments are made to a grade level of a school district under the provisions of this chapter, the total annual repayment for the grade level during any fiscal year, covering all the apportionmen
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Education Code - EDC - EDC § 15735
Education Code - EDC - EDC § 15735
The Controller shall, during the next fiscal year following that in which he or she determines the annual repayment as herein provided, deduct the total amount of the annual repayment of each district in equal amounts from each of the February, March, April, and May installments
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Education Code - EDC - EDC § 15736
Education Code - EDC - EDC § 15736
Notwithstanding any provision of law to the contrary, whenever in any fiscal year, pursuant to Chapter 5, Part 9, Division 1 of the Revenue and Taxation Code, a refund is made or a judgment rendered, as the case may be, for the return of an amount collected as school district tax
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Education Code - EDC - EDC § 15737
Education Code - EDC - EDC § 15737
(a) Upon request of the district, the Controller shall use in computing the “40-cent, 30-cent, and 10-cent tax amounts” under Section 15732 the difference between the total assessed valuation of property in a district as shown on the equalized assessment roll for the current fisc
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Education Code - EDC - EDC § 15738
Education Code - EDC - EDC § 15738
The Controller shall make the deduction provided by Section 15735 during each fiscal year, as herein provided, until the principal amount of the apportionment made to the district for the grade level, and all accrued interest due thereon, has been withheld; but no interest shall
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Education Code - EDC - EDC § 15739
Education Code - EDC - EDC § 15739
The Controller shall certify to the board the cancellation of the unpaid balance of the principal amount of the apportionment. Upon receipt of the certification, the board shall, in the name of the state, convey to the district all sites purchased and improved, all equipment purc
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Education Code - EDC - EDC § 15740
Education Code - EDC - EDC § 15740
The Controller shall determine and maintain a record of the amount due the state in connection with each apportionment made to each grade level of a district under this chapter. He or she shall compute interest on the original amount of the apportionment at the rate fixed by the
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Education Code - EDC - EDC § 15741
Education Code - EDC - EDC § 15741
Upon computing in any fiscal year the amount to be deducted from the apportionments to the district from the State School Fund during the succeeding fiscal year, the Controller shall notify the governing board of the district and the county auditor of the county, the county super
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Education Code - EDC - EDC § 15742
Education Code - EDC - EDC § 15742
The board of supervisors of the county, the county superintendent of which has jurisdiction over any district which under this chapter will have moneys withheld by the Controller from the apportionments to be made to it from the State School Fund during any fiscal year, shall ann
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Education Code - EDC - EDC § 15743
Education Code - EDC - EDC § 15743
The board shall prescribe in the detail that it deems necessary, the purposes for which moneys apportioned by it or which it requires the district to contribute toward, or in reduction of the cost of a project, may be expended, and the prescription shall be binding upon the gover
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Education Code - EDC - EDC § 15744
Education Code - EDC - EDC § 15744
Unless the board has received the certificates of the county superintendent of schools required by Section 15722 within nine months from the date of the conditional apportionment, it shall, at the expiration of the nine-month period, void the conditional apportionment and shall c
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Education Code - EDC - EDC § 15745
Education Code - EDC - EDC § 15745
A public school building fund is hereby created in the county treasury in each county for each school district in the county. The county treasurer of each county shall pay into the public school building fund of each district, exactly as apportioned by the board, all moneys recei
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Education Code - EDC - EDC § 15746
Education Code - EDC - EDC § 15746
The governing board of each school district to which an apportionment is made under this chapter is authorized to, and shall, transfer to the public school building fund of the district from all other funds of the district in which the moneys may be, all moneys of the district wh
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Education Code - EDC - EDC § 15747
Education Code - EDC - EDC § 15747
A fund in the State Treasury is hereby created, to be known as the Public School Building Loan Fund. All money in the Public School Building Loan Fund, including any money deposited in the fund from any source whatsoever after July 29, 1949, is hereby continuously appropriated wi