Section 54022 Of Article 2. Economic Impact Aid From California Education Code >> Division 4. >> Title 2. >> Part 29. >> Chapter 1. >> Article 2.
54022
. For the 2006-07 fiscal year and each fiscal year thereafter,
each school district shall receive the amount of economic impact aid
determined by the Superintendent pursuant to subdivision (b) or (c),
whichever is greater, calculated for each school district according
to all of the following:
(a) Increase the prior fiscal year economic impact aid per pupil
amount by the percentage change specified in paragraph (2) of
subdivision (b) of Section 42238.1 for the current fiscal year.
(b) Multiply the economic impact aid per pupil amount for the
current fiscal year calculated in subdivision (a) by the economic
impact aid-eligible pupil count for the current fiscal year as
calculated in Section 54023.
(c) A school district shall, at a minimum, receive funds based on
the number of economic impact aid-eligible pupils according to the
following schedule:
(1) For the 2006-07 fiscal year, according to the following table: