Cal. EDC § 16085
This is the official text of Cal. EDC § 16085, part of California’s Education Code — governs public schools, community colleges, and universities in California.
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Official statutory text
For purposes of computing, under Section 16084, the portion of the annual repayment to be deferred in the case of a unified school district which has applied for and received an apportionment under Section 16003, the “45-cent tax amount” shall be the amount produced by a tax of ninety cents ($0.90) on each one hundred dollars ($100) of assessed valuation of the district during the year, except beginning with the 1981–82 fiscal year the tax shall be 0.225 percent of the full value.
Status: in_force · Read it on the official government site
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