California Statutes

§ 42238.024. — 42238.024. (Amended by Stats. 2024, Ch. 38, Sec. 20.)

California·Code EDC Education Code - EDC·Div. 3.·Title 2. DIVISION 3. LOCAL ADMINISTRATION·Part 24. PART 24. SCHOOL FINANCE·Ch. 7. CHAPTER 7. Local Taxation by School Districts·Art. 2. ARTICLE 2. Apportionments and Revenue Control
(a)Commencing with the 2023–24 fiscal year, the sum of three hundred million dollars ($300,000,000) is hereby appropriated each fiscal year from the General Fund to the Superintendent for allocation for the Local Control Funding Formula Equity Multiplier apportionment in the manner and for the purposes set forth in this section. Commencing with the 2024–25 fiscal year, the amount appropriated pursuant to this subdivision shall be adjusted each fiscal year by the percentage change applied pursuant to paragraph (2) of subdivision (d) of Section 42238.02 for that fiscal year.
(b)
(1)Funds appropriated pursuant to subdivision (a) shall be made available by the Superintendent to eligible local educational agencies for allocation to schoolsites eligible pursuant to paragraph (2) for evid

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California § 42238.024. (42238.024. (Amended by Stats. 2024, Ch. 38, Sec. 20.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2024, Ch. 38, Sec. 20. (SB 153) Effective June 29, 2024.

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