§ 16721 Deduction School Apportionment Repayment

Education Code·California

AI SummaryVerified

Key Takeaways

•The state takes back some money from schools to pay for old school building loans.
•They take the money in four equal parts from February to May.
•The money taken goes to a special fund, but then it just goes to the state's main money pot.

Example

Imagine your school gets $100 from the state every month. The state says, 'We gave you extra money to build a new classroom 10 years ago. Now you have to pay us back $40 this year.'

The state will take $10 from your school's money in February, $10 in March, $10 in April, and $10 in May. That $40 doesn’t go to build more schools—it just goes into the state’s big money pile.

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

Official Source

View on CA.gov

§ 16721 Deduction School Apportionment Repayment

The Controller shall, during the next fiscal year following that in which he determines the annual repayment as herein provided, deduct the total amount of the annual repayment of each district in equal amounts from each of the February, March, April, and May installments of the apportionments made to the district from the State School Fund and, on order of the State Controller, the amount so deducted shall be transferred to the Urban School Construction Aid Fund. All money transferred to the Urban School Construction Aid Fund under this section shall be available only for transfer to the General Fund. (Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)

Last verified: January 23, 2026

Key Terms

Controller annual repayment State School Fund Urban School Construction Aid Fund General Fund

References

Official text at leginfo.legislature.ca.gov
California Legislature. Education Code. Section 16721.

§ 16721 Deduction School Apportionment Repayment

Education Code·California

AI SummaryVerified

§ 16721 Deduction School Apportionment Repayment

Key Takeaways

•The state takes back some money from schools to pay for old school building loans.
•They take the money in four equal parts from February to May.
•The money taken goes to a special fund, but then it just goes to the state's main money pot.

Example

Imagine your school gets $100 from the state every month. The state says, 'We gave you extra money to build a new classroom 10 years ago. Now you have to pay us back $40 this year.'

The state will take $10 from your school's money in February, $10 in March, $10 in April, and $10 in May. That $40 doesn’t go to build more schools—it just goes into the state’s big money pile.

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

Official Source

View on CA.gov

§ 16721 Deduction School Apportionment Repayment

Last verified: January 23, 2026

Key Terms

Controller annual repayment State School Fund Urban School Construction Aid Fund General Fund

References

Official text at leginfo.legislature.ca.gov
California Legislature. Education Code. Section 16721.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References