The Director of Finance shall, based on the data provided by the Superintendent and the Chancellor of the California Community Colleges, certify the minimum funding obligation to school districts and community college districts pursuant to § 8 of Article XVI of the California Constitution for fiscal years 2009-10 to 2015-16, inclusive, no later than July 11, 2018. The certification for fiscal years 2009-10 to 2015-16, inclusive, shall be subject to subdivisions (c) to (f), inclusive, of Section 41206.02, including, among other things, that the Director of Finance shall issue a final certification of the state’s minimum funding obligation to school districts and community college districts required by subdivision (b) of § 8 of Article XVI of the California Constitution for the fiscal years 2009-10 to 2015-16, inclusive, no later than September 15, 2018.

(Added by Stats. 2018, Ch. 39, Sec. 12. (AB 1825) Effective June 27, 2018.)

Terms Used In California Education Code 41207.31

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.