Legal Resources | Education Code | EC 16085
State School Building Aid Law of 1952. General Provisions
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.
(Added by Stats. 1996, Ch. 277, Sec. 2. Operative January 1, 1998.)
Reference:
Education Code 16003
Education Code 16084