Section 33127 Of Article 2. Powers And Duties From California Education Code >> Division 2. >> Title 2. >> Part 20. >> Chapter 2. >> Article 2.
33127
. (a) The Superintendent, the Controller, and the Director of
Finance shall develop, on or before March 1, 1989, standards and
criteria to be reviewed and adopted by the state board, and to be
used by local educational agencies in the development of annual
budgets and the management of subsequent expenditures from that
budget. During the development of the standards and criteria, the
Superintendent shall convene a committee composed of representatives
from school districts, county offices of education, state agencies,
the Legislature, and appropriate labor and professional
organizations. The committee may review and comment on the proposal
standards and criteria before their adoption. In addition, the
standards and criteria shall be used to monitor the fiscal stability
of local educational agencies as provided for in Sections 1240.1,
1240.2, 1621, 1623, 33131, 42127, and 42127.1.
(b) The Superintendent, the Controller, and the Director of
Finance shall update the standards and criteria developed pursuant to
subdivision (a) on or before September 1, 2005. The updated
standards and criteria shall be reviewed and adopted pursuant to the
procedure established by subdivision (a) and are applicable to local
educational agency budgets commencing with the 2006-07 fiscal year
and each fiscal year thereafter.
(c) The Superintendent, the Controller, and the Director of
Finance shall update the standards and criteria developed pursuant to
subdivision (a) on or before January 1, 2014, to address the
requirements of Article 4.5 (commencing with Section 52060) of
Chapter 6.1 of Part 28. The updated standards and criteria shall be
reviewed and adopted pursuant to the procedure established by
subdivision (a) and are applicable to local educational agency
budgets commencing with the 2014-15 fiscal year and each fiscal year
thereafter.
(d) After January 1, 2014, to the extent necessary, any revisions
or updates to the standards and criteria shall be developed by the
Superintendent, the Controller, and the Director of Finance pursuant
the procedure established by subdivision (a). The revisions or
updates shall specify the fiscal year in which the revisions or
updates are applicable.