Ed. Code, § 15102 · Article 1. Purposes for Authorizing Bonds
Ed. Code, § 15102
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The total amount of bonds issued pursuant to this chapter and Chapter 1.5 (commencing with Section 15264) shall not exceed 1.25 percent of the taxable property of the school district or community college district, or the school facilities improvement district, if applicable, as shown by the last equalized assessment of the county or counties in which the district is located. For purposes of this section, the taxable property of a district for any fiscal year shall be calculated to include, but not be limited to, the assessed value of all unitary and operating nonunitary property of the district, which shall be derived by dividing the gross assessed value of the unitary and operating nonunitary property within the district for the 1987–88 fiscal year by the gross assessed value of all unitary and operating nonunitary property within the county in which the district is located for the 1987–88 fiscal year, and multiplying that result by the gross assessed value of all unitary and operating nonunitary property of the county on the last equalized assessment roll.
Notes and commentary — not statutory text
History
Amended by Stats. 2007, Ch. 670, Sec. 2. Effective January 1, 2008.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=15102.
- Text hash
- sha256 bfa7783b928dd451164273fb183ec91a2c81dc0db152a1c1e0615008ca0e0a82
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- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 13 provisions
Provisions in this library whose text cites Ed. Code, § 15102. Each shows the citation as that text prints it.
Education Code
- Ed. Code, § 15105Printed as Sections 15102 and 15106
- Ed. Code, § 15106Printed as Section 15102
- Ed. Code, § 15107Printed as Section 15102 or 15106
- Ed. Code, § 15108Printed as Section 15102 or 15106
- Ed. Code, § 15109Printed as Section 15102
- Ed. Code, § 15180Printed as Sections 15100 and 15102
- Ed. Code, § 15200Printed as Sections 15100 and 15102
- Ed. Code, § 15270Printed as Sections 15102 and 15268
- Ed. Code, § 15334.5Printed as Sections 15102 and 15106
- Ed. Code, § 17070.15Printed as Sections 15102, 15106, 15268, and 15270
- Ed. Code, § 17075.15Printed as Section 15102 or 15106
- Ed. Code, § 35582Printed as Section 15102
- Ed. Code, § 81349Printed as Sections 15102 and 15106, 50
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