Section 16330 Of Article 9. School Housing Aid For Rehabilitation And Replacement Of Structurally Inadequate School Facilities From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 6. >> Article 9.

. The amount of the apportionment to a school district from the State School Building Aid Fund shall initially be computed by the board as follows:
  (a) Determining the ratio which the school district's assessed valuation per pupil for the grade level of the project application bears to the statewide assessed valuation per pupil in that grade level, for the preceding fiscal year.
  (b) Subtracting the amount computed under (a) from four.
  (c) Dividing the amount computed under (b) by four plus the ratio which the school district's assessed valuation per pupil for the grade level of the project application bears to the statewide assessed valuation per pupil for that grade level, for the preceding fiscal year, which computation shall be denoted the "basic computed state matching ratio of assistance."
  (d) The computation prescribed by subdivisions (a), (b), and (c) may be diagrammed as follows, with "A.V." representing the words "assessed valuation," and "a.d.a." representing the words "average daily attendance."