LawWiki
HomeCodesSearchGlossaryAPIAbout
LawWiki

Plain English summaries of California law with zero-hallucination AI. Every summary is verified against official source text.

Product

  • Search
  • Codes
  • About

Legal

  • Privacy Policy
  • Terms of Service
  • Disclaimer

© 2026 LawWiki. All rights reserved.

HomeEducation CodeCh. 12Art. 2§ 17035 School Fund Transfers

§ 17035 School Fund Transfers

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

§ 17035 School Fund Transfers

Key Takeaways

  • •The state can move money from a big school fund to a smaller county fund if they think it's needed.
  • •This is only for school building projects.
  • •The money is moved from the 'State School Building Lease-Purchase Fund' to the 'county school lease-purchase fund'.
  • •This rule started in 1998.

Example

Imagine a school in a small town needs a new building, but the town doesn't have enough money. The state has a big pot of money for school buildings.

The state can decide to move some money from their big pot to the town's smaller pot so the school can build what they need.

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

Official Source
View on CA.gov

§ 17035 School Fund Transfers

The board may from time to time authorize the Controller to transfer any funds that the board may deem necessary from the State School Building Lease-Purchase Fund established for a given project to the corresponding county school lease-purchase fund in the county treasury. (Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.)

Last verified: January 23, 2026

Key Terms

State School Building Lease-Purchase Fundcounty school lease-purchase fundboardController

Related Statutes

  • § 17032 School Project Rent Limits
  • § 17036 School Lease-Purchase Fund Use
  • § 17008.3 School District Planning Loans
  • § 17010 Project Construction Authority
  • § 17022 School Facility Approval Requirements

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 17035.
View Official Source