§ 17221
65 words·~1 min read·
/ca/education-code/17221A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.