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HomeEducation CodeDiv. 14Pt. 68.2Ch. 2Art. 1§ 100815 School Facilities Funding Appropriation

§ 100815 School Facilities Funding Appropriation

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 100815 School Facilities Funding Appropriation

This law says that any money put into the 2004 State Facilities Fund can be used to give money to schools and to pay back any loans (with interest) that were given to that fund, plus reimburse a bond expense fund.

Key Takeaways

  • •Money in the 2004 State Facilities Fund can be used for school aid.
  • •The fund can be used even if other laws say otherwise.
  • •It must be used to repay any loans or advances to the fund, plus interest.
  • •It also reimburses the General Obligation Bond Expense Revolving Fund.

Example

A school district borrows money from the state to build a new gym. Later, the state uses money from the 2004 State Facilities Fund to pay back that loan and the interest, and also to give the district extra aid for school projects.

The fund’s money is allowed to be used to help the school and to settle the loan and interest, just like the law says.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 100815 School Facilities Funding Appropriation

All moneys deposited in the 2004 State Facilities Fund for the purposes of this chapter shall be available and, notwithstanding any other provision of law to the contrary, are hereby appropriated to provide aid to school districts, county superintendents of schools, and county boards of education of the state in accordance with the Leroy F. Greene School Facilities Act of 1998 (Chapter 12.5 (commencing with Section 17070.10) of Part 10), as set forth in Section 100820, to provide funds to repay any money advanced or loaned to the 2004 State School Facilities Fund under any act of the Legislature, together with interest provided for in that act, and to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5 of the Government Code. (Added by Stats. 2002, Ch. 33, Sec. 31. Approved in Proposition 55 at the March 2, 2004, election.)

Last verified: January 10, 2026

Key Terms

2004 State Facilities FundLeroy F. Greene School Facilities Act of 1998General Obligation Bond Expense Revolving Fund

Related Statutes

  • § 100615 School Facilities Fund Appropriation
  • § 101011 School Facilities Funding Allocation
  • § 101121 School Facilities Funding Rules
  • § 101411 School Facilities Funding Allocation
  • § 100410 School Facilities Bond Allocation

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 100815.
View Official Source