For purposes of subdivision (a) of Section 2 of XIII A of the California Constitution, the “full cash value” of all property in a community college district shall include the assessed valuation of all real properties in those territories or components which subsequent to the 1975-76 fiscal year became a part of the community college district.

(Added by Stats. 1978, Ch. 292.)

Terms Used In California Education Code 84205.5

  • 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.
  Previous section
Next section  
 Chapter 2 Contents