BILL NUMBER: SB 1136 INTRODUCED
BILL TEXT
INTRODUCED BY Senator Cox
FEBRUARY 18, 2010
An act to add Section 14041.61 to the Education Code, relating to
education finance and declaring the urgency thereof, to take effect
immediately.
LEGISLATIVE COUNSEL'S DIGEST
SB 1136, as introduced, Cox. Education finance: revenue limit
apportionments.
(1) Existing law requires the Controller to draw warrants on the
State Treasury in favor of the county treasurer of each county in
each month of each year in prescribed amounts and in a prescribed
manner. Commencing with the 2008-09 fiscal year, existing law
requires the warrants for the principal apportionments for the month
of February in the amount of $2,000,000,000 to be drawn in July of
the same calendar year and requires those warrants to be applied
toward the minimum funding requirements for school districts and
community college districts imposed by Section 8 of Article XVI of
the California Constitution for the year in which they are drawn.
This bill would provide, notwithstanding the provisions described
above, that a school district's apportionment deferral shall not
exceed the school district's required reserve for economic
uncertainties, if the school district meets specified criteria.
(2) This bill would declare that it is to take effect immediately
as an urgency statute.
Vote: 2/3. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Section 14041.61 is added to the Education Code, to
read:
14041.61. Notwithstanding Section 14041.6 or any other provision
of law, a school district's revenue limit apportionment deferral
shall not exceed the school district's required reserve for economic
uncertainties if the school district meets either of the following
criteria:
(a) The school district's average daily attendance, excluding
charter school average daily attendance, for the prior-year second
principal apportionment is equal to or less than five hundred.
(b) The school district's annual General Fund revenues are less
than five million dollars ($5,000,000).
SEC. 2. This act is an urgency statute necessary for the immediate
preservation of the public peace, health, or safety within the
meaning of Article IV of the Constitution and shall go into immediate
effect. The facts constituting the necessity are:
In order to provide economic relief for small school districts, it
is necessary that this act go into immediate effect.