Section 2563.

The Superintendent of Public Instruction shall make the following calculations for the 1995–96 fiscal year:

(a) For each county office of education, divide its 1994–95 general purpose revenues by its 1994–95 services ADA.

(b) For each class of counties, except Class 1 counties, divide the sum of the 1994–95 general purpose revenues for all of the county offices of education in that class by the sum of the services ADA for all of the counties in that class, and multiply that quotient by 0.88. For Class 1 counties, the amount shall be eighteen dollars and 98 cents ($18.98).

(c) For each county office of education, subtract the amount determined pursuant to subdivision (a) from the amount determined pursuant to subdivision (b) of the class of counties of which it is a member. If this difference is less than zero, it shall be deemed to be zero.

(d) For each county office of education, multiply the amount determined pursuant to subdivision (c) by its 1994–95 services ADA.

(e) Divide five million dollars ($5,000,000) by the statewide sum of the amounts determined pursuant to subdivision (d) and, for each county office of education, multiply that quotient by its amount determined pursuant to subdivision (d).

(Added by Stats. 1995, Ch. 308, Sec. 4. Effective August 3, 1995.)