Education Code section 16031
(a)
Amounts in the general fund of the district which are apportionments from the State School Fund.(b)
Amounts in the general fund of the district which are the proceeds of a tax levy and have not been earmarked by the governing board of the district or the electors of the district for any purposes for which school district bonds may be issued and sold.
Source:
Section 16031, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=EDC§ionNum=16031.
(accessed May 10, 2025).