Ed. Code, § 89773 · Article 5. Use of General Fund Support Appropriations for Capital Expenditures and Capital Outlay Projects
Ed. Code, § 89773
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The California State University shall manage its debt programs in a manner so that not more than 12 percent of its General Fund support appropriation, less the amount of that appropriation that is required to fund general obligation bond payments and State Public Works Board rental payments, is used for the total of both of the following:
(a) Debt service for capital expenditures pursuant to Section 89770.
(b) Pay-as-you-go capital outlay projects pursuant to Section 89771.
Notes and commentary — not statutory text
History
Added by Stats. 2014, Ch. 34, Sec. 24. (SB 860) Effective June 20, 2014.
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=89773.
- Text hash
- sha256 9cb10f8440ef46fe0f9fbffb608c40e6d1f8a1ef2badd27aef346f42a26d958c
- Composed by
- 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
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