BILL NUMBER: SB 1397 CHAPTERED 09/26/02 CHAPTER 932 FILED WITH SECRETARY OF STATE SEPTEMBER 26, 2002 APPROVED BY GOVERNOR SEPTEMBER 26, 2002 PASSED THE ASSEMBLY AUGUST 19, 2002 PASSED THE SENATE MAY 8, 2002 AMENDED IN SENATE APRIL 16, 2002 INTRODUCED BY Senator Costa (Coauthor: Assembly Member Florez) FEBRUARY 13, 2002 An act to add Section 47613.2 to the Education Code, relating to charter schools. LEGISLATIVE COUNSEL'S DIGEST SB 1397, Costa. Charter schools: funding. Existing law authorizes a school district's revenue limit to be determined using either the current or prior fiscal year average daily attendance, whichever is greater. Under existing law, a charter school that was assigned a number by the State Board of Education before June 1, 1999, may choose to be funded for the 1999-2000, 2000-01, and 2001-02 fiscal years through the base revenue limit method or the block grant method. This bill would authorize the revenue limit of an elementary school district to be determined using either the current or prior year second principal apportionment average daily attendance, whichever is greater, if all the schools in the district were converted to charter schools in the 2000-01 fiscal year and the district continued to be funded through the base revenue limit method. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 47613.2 is added to the Education Code, to read: 47613.2. Notwithstanding Sections 47613.1 and 47661, for the 2000-01 fiscal year, the revenue limit of an elementary school district may be determined using either the current or prior year second principal apportionment average daily attendance, whichever is greater, if all the schools in the district were converted to charter schools in the 2000-01 fiscal year and the district continued to be funded through the base revenue limit method.