California Law (Last Updated: March 4, 2014) |
Education Code - EDC |
Title 2. ELEMENTARY AND SECONDARY EDUCATION |
Division 3. LOCAL ADMINISTRATION |
Part 24. SCHOOL FINANCE |
Chapter 7. Local Taxation by School Districts |
ARTICLE 2. Apportionments and Revenue Control |
Section 42238.14.
Latest version.
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For the purposes of this article, the revenue limit for the 1993–94 fiscal year for each school district determined pursuant to this article and adjusted pursuant to Section 42238.16 shall be reduced by a 8.14 percent deficit factor.
(Added by Stats. 1993, Ch. 66, Sec. 13. Effective June 30, 1993.)