Cal. EDC § 16078
This is the official text of Cal. EDC § 16078, part of California’s Education Code — governs public schools, community colleges, and universities in California.
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Official statutory text
Notwithstanding any other provision of this chapter, the total amount of the repayment made each year by each school district to which one or more apportionments have been made under this chapter shall not be less than the amount of the cost to the state for that year to pay principal and interest on the bonded indebtedness incurred to fund the apportionment or apportionments made to that district.
Status: in_force · Read it on the official government site
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