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Section 16071 Of Article 1. General Provisions From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 6. >> Article 1.
16071
. This section applies only to a unified school district that
filed an application on or after April 30, 1977, for an apportionment
for a grade level consisting of kindergarten, if any, and grades 1
to 12, inclusive, and the repayments required for apportionments made
under those applications.
The following definitions apply to the computation and
determinations required to be made under Sections 16072, 16074, and
16075, and they apply with respect to the grade level of a unified
school district for which grade level an apportionment has become
final during any preceding fiscal year:
(a) "Forty-cent tax amount" means the amount that would be produced by a tax of 0.20 percent of full valuation for the current fiscal year within the district.
(b) "Thirty-cent tax amount" means the amount that would be produced by a tax of 0.15 percent of full valuation for the current fiscal year within the district.
(c) "Ten-cent tax amount" means the amount that would be produced by a tax of 0.05 percent of full valuation for the current fiscal year within the district.
(d) "Eligible bonded debt service" means the amount raised and to be raised by the district during the current fiscal year for the repayment of principal and interest on the portion of the bonded indebtedness of the district that was incurred for each grade level prior to the making of the first apportionment for the grade level to the unified school district under this chapter computed as provided in Section 16072 plus the amount of the annual repayment under Chapter 6 (commencing with Section 15700) of this part. If the unified school district's first apportionment under this chapter was for a grade level consisting of kindergarten, if any, and grades 1 to 6, inclusive, grades 1 to 8, inclusive, grades 7 to 12, inclusive, grades 9 to 12, inclusive, or grades 7 to 10, inclusive, "eligible bonded debt service" means the amount raised and to be raised by the district during the current fiscal year for the repayment of principal and interest on the portion of the indebtedness that was incurred for elementary and high school purposes prior to the making of the first apportionment under this chapter computed as provided in Section 16072 together with the amount of the annual repayment under Chapter 6 (commencing with Section 15700) of this part.
(a) "Forty-cent tax amount" means the amount that would be produced by a tax of 0.20 percent of full valuation for the current fiscal year within the district.
(b) "Thirty-cent tax amount" means the amount that would be produced by a tax of 0.15 percent of full valuation for the current fiscal year within the district.
(c) "Ten-cent tax amount" means the amount that would be produced by a tax of 0.05 percent of full valuation for the current fiscal year within the district.
(d) "Eligible bonded debt service" means the amount raised and to be raised by the district during the current fiscal year for the repayment of principal and interest on the portion of the bonded indebtedness of the district that was incurred for each grade level prior to the making of the first apportionment for the grade level to the unified school district under this chapter computed as provided in Section 16072 plus the amount of the annual repayment under Chapter 6 (commencing with Section 15700) of this part. If the unified school district's first apportionment under this chapter was for a grade level consisting of kindergarten, if any, and grades 1 to 6, inclusive, grades 1 to 8, inclusive, grades 7 to 12, inclusive, grades 9 to 12, inclusive, or grades 7 to 10, inclusive, "eligible bonded debt service" means the amount raised and to be raised by the district during the current fiscal year for the repayment of principal and interest on the portion of the indebtedness that was incurred for elementary and high school purposes prior to the making of the first apportionment under this chapter computed as provided in Section 16072 together with the amount of the annual repayment under Chapter 6 (commencing with Section 15700) of this part.
