Section 16025 Of Article 1. General Provisions From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 6. >> Article 1.
16025
. Notwithstanding any other provisions of this chapter, a
school district otherwise eligible to receive a conditional
apportionment under this chapter may apply for an adjustment of
annual repayment obligations in lieu of receiving the conditional
apportionment.
The board may require any information that is necessary to
determine the number of units of estimated average daily attendance
for which the district would have been eligible to construct school
facilities under this chapter, if the conditional apportionment had
been made and had become final. These units shall be known as
"eligible attendance units."
The board shall then determine an "eligible facilities cost" by
multiplying the number of the eligible attendance units by the
average cost of housing elementary or high school pupils as set forth
in the latest report to the Legislature required under Section
16098.
In any fiscal year in which the school district is in the judgment
of the board operating sufficient year-around classes to provide
housing for the eligible attendance units aforementioned, the
Director of General Services shall add to the amount which he or she
is required to certify to the Controller under Sections 16072, 16084,
and 16086 an amount equal to one-twentieth of the eligible
facilities costs.
The additional amount so certified shall be considered for all
purposes of this chapter as eligible bonded debt service.