Section 41206 Of Chapter 2. Determination Of Minimum Level Of Education Funding From California Education Code >> Division 3. >> Title 2. >> Part 24. >> Chapter 2.
41206
. (a) For purposes of subdivision (b) of Section 8 of Article
XVI of the California Constitution, all determinations of
percentages, amounts, revenues, appropriations, allocations, proceeds
of taxes, increases in cost of living, or enrollments shall be based
upon the best available estimate until actual data becomes
available, and then upon actual data when it is available.
(b) Within nine months following the end of any fiscal year, the
Superintendent of Public Instruction and the Director of Finance
shall recalculate, as necessary, and jointly certify all actual data
pertaining to school districts, as defined, for the prior fiscal
year. Any amount of funding required by subdivision (b) of Section 8
of Article XVI of the California Constitution to be appropriated to
school districts for that year, less any amounts already appropriated
for that year, shall be set aside by the Controller and, if not
appropriated to school districts by the Legislature within 90 days,
shall be allocated to school districts by the Controller in
proportion to the enrollment in school districts as determined for
purposes of Section 8.5 of Article XVI of the California
Constitution.
(c) Within nine months following the end of any fiscal year, the
Chancellor of the California Community Colleges and the Director of
Finance shall recalculate, as necessary, and jointly certify all
actual data pertaining to community college districts, as defined,
for the prior fiscal year. Any amount of funding required by
subdivision (b) of Section 8 of Article XVI of the California
Constitution to be appropriated to community college districts for
that year, less any amounts already appropriated for that year, shall
be set aside by the Controller and, if not appropriated to community
college districts by the Legislature within 90 days, shall be
allocated to community college districts by the Controller in
proportion to the enrollment in community college districts as
determined for purposes of Section 8.5 of Article XVI of the
California Constitution.