§ 16236 School Facility Fund Allocation
This law says the school board can take any extra money left over after paying for the article’s admin costs and give it to certain school‑facility funds.
The board has $10 million set aside for the article, and it needs $2 million to run the program. The $8 million left over can be sent to the 2004 State School Facilities Fund.
Because the extra $8 million is more than the admin cost, the board is allowed to move that money to one of the listed funds.
Excess Amount = Total Designated Funds – Administration Costs
Board has $15 million for the article and needs $3 million for admin.
Result: Excess Amount = 15,000,000 – 3,000,000 = 12,000,000
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 16236 School Facility Fund Allocation
Last verified: January 10, 2026