Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2012
Other Code Provisions
TITLE 2. ELEMENTARY AND SECONDARY EDUCATION
DIVISION 3. LOCAL ADMINISTRATION
PART 24. SCHOOL FINANCE
Chapter 2. Determination of Minimum Level of Education Funding
41204.2. Allocation of general fund revenues; adjustment. The Director of Finance shall adjust "the percentage of General Fund revenues appropriated for school districts and community college districts, respectively, in fiscal year 1986–87" for purposes of applying paragraph (1) of subdivision (b) of Section 8 of Article XVI of the California Constitution in a manner that ensures that the shift in General Fund revenues, pursuant to Sections 6051.8, 6201.8, 6357.7, and 7361.1, subdivision (b) of Section 7360, and subdivision (b) of Section 60050 of the Revenue and Taxation Code, as those provisions were enacted in the 2009–10 Eighth Extraordinary Session and 2009–10 Regular Session, and reenacted in the 2011–12 Regular Session, shall have no net fiscal impact upon the amounts that are otherwise required to be applied by the state for the support of school districts and community college districts pursuant to Section 8 of Article XVI of the California Constitution.
History.—Added by Stats. 2011, Ch. 7 (SB 70), in effect March 24, 2011.