Education Code section 89773

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.

Source: Section 89773, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=89773. (updated Jun. 20, 2014; accessed Jul. 14, 2025).

89770
89771
89772
89773
89774

Up to date

Verified:
Jul. 14, 2025

§ 89773's source at ca.gov

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Location: https://california.public.law/codes/education_code_section_89773

Original Source: Section 89773, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=89773. (last accessed May 12, 2025).