California Statutes
§ 42251. — 42251. (Amended by Stats. 2012, Ch. 162, Sec. 31.)
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)The Superintendent shall make the following calculations for the 2011–12 fiscal year:
(1)Determine the amount of funds that will be restricted after the Superintendent makes the deduction pursuant to Section 52335.3 for each county office of education pursuant to subdivision (e) of Section 2558 as of June 30, 2012.
(2)Divide fifty million dollars ($50,000,000) by the statewide sum of the amounts determined pursuant to paragraph (1). If the fraction is greater than one it shall be deemed to be one.
(3)Multiply the fraction determined pursuant to paragraph (2) by the amount determined pursuant to paragraph (1) for each county office
of education.
(b)The auditor-controller of each county shall distribute the amounts determined in paragraph (3) of subdivision (a) to the Supplemen
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California § 42251. (42251. (Amended by Stats. 2012, Ch. 162, Sec. 31.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2012, Ch. 162, Sec. 31. (SB 1171) Effective January 1, 2013.