California § 42127.4. 42127.4. (Amended by Stats. 1991, Ch. 1213, Sec. 19.)

California Statutes

§ 42127.4. — 42127.4. (Amended by Stats. 1991, Ch. 1213, Sec. 19.)

California·Code EDC Education Code - EDC·Div. 3.·Title 2. DIVISION 3. LOCAL ADMINISTRATION·Part 24. PART 24. SCHOOL FINANCE·Ch. 6. CHAPTER 6. Financial Statements of School Districts·Art. 2. ARTICLE 2. Budget Requirements

Until a school district receives approval of its budget under this article, the school district shall continue to operate on the basis of whichever of the following budgets contains a lower total spending authority:

(a)The last budget adopted or revised by the governing board of the school district for the prior fiscal year.

(b)The unapproved budget for the current fiscal year, as adopted and revised by the governing board of the school district.

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Until a school district receives approval of its budget under this article, the school district shall continue to operate on the basis of whichever of the following budgets contains a lower total spending authority:
(a)
The last budget adopted or revised by the governing board of the school district for the prior fiscal year.
(b)
The unapproved budget for the current fiscal year, as adopted and revised by the governing board of the school district.

California § 42127.4. (42127.4. (Amended by Stats. 1991, Ch. 1213, Sec. 19.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.