 |
California Law (Last Updated: March 4, 2014) |
 |
Education Code - EDC |
|
Title 1. GENERAL EDUCATION CODE PROVISIONS |
|
Division 1. GENERAL EDUCATION CODE PROVISIONS |
|
Part 2. COUNTY EDUCATIONAL AGENCIES |
|
Chapter 12. County Tax Rates, County Superintendents |
|
ARTICLE 3. Computation of Revenue Limits |
Section 2558.45.
-
For the purposes of this article the revenue limit of each county superintendent of schools shall be reduced by a deficit factor, as follows:
(a) (1) The revenue limit for the 1994–95 fiscal year for each county superintendent of schools determined pursuant to this article shall be reduced by a 12.59 percent deficit factor.
(2) The revenue limit for the 1995–96 fiscal year determined pursuant to this article for each county superintendent of schools shall be reduced by an 11.70 percent deficit factor.
(3) The revenue limit for the 1996–97 and 1997–98 fiscal years determined pursuant to this article for each county superintendent of schools shall be reduced by an 11.547 percent deficit factor, as adjusted pursuant to Section 42238.41.
(4) The revenue limit for the 1999–2000 fiscal year determined pursuant to this article for each county superintendent of schools shall be reduced by a 8.628 percent deficit factor.
(b) (1) The revenue limit for each county superintendent of schools for the 1994–95 fiscal year shall be determined as if the revenue limit for each county superintendent of schools had been determined for the 1993–94 fiscal year without being reduced by the deficit factor required pursuant to Section 2558.4.
(2) When computing the revenue limit for each county superintendent of schools for the 1995–96 or any subsequent fiscal year pursuant to this article, the revenue limit shall be determined as if the revenue limit for each county superintendent of schools had been determined for the previous fiscal year without being reduced by the deficit factor specified in this section.