California § 42238.3. 42238.3. (Amended by Stats. 1994, Ch. 404, Sec. 2.)

California Statutes

§ 42238.3. — 42238.3. (Amended by Stats. 1994, Ch. 404, Sec. 2.)

California § 42238.3.

JurisdictionCalifornia

Code EDCEducation 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

This text of California § 42238.3. (42238.3. (Amended by Stats. 1994, Ch. 404, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Education Code - EDC Code § 42238.3. (2026).

Text

(a)For each year during the loan repayment period provided for in Section 42238.2, any district utilizing the adjustment pursuant to Section 42238.2 may adjust its revenue limit computed pursuant to Section 42238 to the statewide average revenue limit per unit of average daily attendance for its size and type of district in proportion to the percentage of the loan that the school district has repaid up to and including the year in which the revenue limit adjustment is made.

(b)This section does not apply to a school district that experiences a decline in enrollment as a result of a school district reorganization pursuant to Chapter 3 (commencing with Section 35500) of Part 21 or any other law.

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(a)
For each year during the loan repayment period provided for in Section 42238.2, any district utilizing the adjustment pursuant to Section 42238.2 may adjust its revenue limit computed pursuant to Section 42238 to the statewide average revenue limit per unit of average daily attendance for its size and type of district in proportion to the percentage of the loan that the school district has repaid up to and including the year in which the revenue limit adjustment is made.
(b)
This section does not apply to a school district that experiences a decline in enrollment as a result of a school district reorganization pursuant to Chapter 3 (commencing with Section 35500) of Part 21 or any other law.