Cal. Ed. Code § 16002.5
Current through the 2023 Legislative Session.
For the purposes of this chapter, the term "basic bond requirement," means 5 percent of the assessed valuation of taxable property of the district for each grade level maintained by a district, as shown by the last equalized assessment of the county or counties in which the district is located, and as modified by Section 41201 or Section 84201.
Ca. Educ. Code § 16002.5