California Education Code
§ 41204
EDC § 41204 Effective Jan 1, 2012Div. 3 · Title 2 · Part 24 · Ch. 2
Statute text
View on leginfo.ca.gov(a)It is the intent of the Legislature, pursuant to “The Classroom Instructional Improvement and Accountability Act,” that school districts, as defined in Section 41302.5, and community college districts, as constituted during the 1986–87 fiscal year, annually receive a basic minimum portion of the revenues that is equivalent to the percentage of revenues that were deposited to the General Fund in that year.
(b)In recognition of this intent, it is further the intent of the Legislature that both houses and the Governor be guided by the following:
(1)If the revenues of a tax that were deposited in the General Fund in the 1986–87 fiscal year are redirected to another fund, or level of government, then the percentages of General Fund revenues required to be applied by the state for the support of school districts, community college districts, and state agencies providing direct elementary and secondary level instructional services shall be recalculated as if those revenues were not deposited in the General Fund in the 1986–87 fiscal year.
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Legislative history
Amended (as amended by Stats. 1992, Ch. 427) by Stats. 2011, Ch. 296, Sec. 63. (AB 1023) Effective January 1, 2012.