Section 17221 Of Article 1. General Provisions From California Education Code >> Division 1. >> Title 1. >> Part 10.5. >> Chapter 1. >> Article 1.
17221
. The amount of any nonuse payments required of any school
district under Section 17219 shall be reduced, without regard to
fiscal year, by the amount of the proceeds, resulting from the lease
of district property that is subject to that section, that are
expended by the district the payment of bond debt service costs that
are directly related to the actual construction of school facilities.