(a) (1) The sum of eighty-nine million six hundred thirty-seven thousand dollars ($89,637,000) is hereby appropriated in the 2017-18 fiscal year from the General Fund to the Controller for allocation to school districts and community college districts for the purpose of reducing the 2009-10 fiscal year outstanding balance of the minimum funding obligation to school districts and community college districts, pursuant to § 8 of Article XVI of the California Constitution.

(2) The amount appropriated pursuant to this subdivision shall be allocated to school districts and community college districts, as described in subdivision (a) of Section 41203.1, in accordance with the following:

Terms Used In California Education Code 41207.43

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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.

(A) Eighty-six million three hundred twenty thousand dollars ($86,320,000) for transfer by the Controller to Section B of the State School Fund for allocation by the Chancellor of the California Community Colleges to community college districts for support of the California Community College Guided Pathways Grant Program pursuant to Part 54.81 (commencing with Section 88920) of Division 7 of Title 3.

(B) Three million three hundred seventeen thousand dollars ($3,317,000) for transfer by the Controller to Section A of the State School Fund for allocation by the Superintendent of Public Instruction for the Career Technical Education Incentive Grant Program pursuant to Section 53070.

(b) For purposes of § 8 of Article XVI of the California Constitution, the amounts appropriated and allocated pursuant to this section shall be applied to the outstanding balance of the minimum funding obligation to school districts and community college districts, pursuant to § 8 of Article XVI of the California Constitution, for the 2009-10 fiscal year, and shall be deemed to be appropriations made and allocated in that fiscal year in which the deficiencies resulting in the outstanding balance were incurred.

(Added by Stats. 2017, Ch. 15, Sec. 25. (AB 99) Effective June 27, 2017.)