Cal. Ed. Code § 16085
Current through the 2024 Legislative Session.
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.
Ca. Educ. Code § 16085