Determination of Minimum Level of Education Funding
Cal. EDC § 41207.3
California Statutes
(
a) Notwithstanding
Section 41206, the minimum state educational funding obligation for school districts and community college districts pursuant to subdivision (
b) of
Section of
Article XVI of the California Constitution is determined to be the following:
(1) Fifty-three billion three hundred forty-five million four hundred twenty thousand dollars ($53,345,420,000) for the 2005–06 fiscal year, with an outstanding balance of one billion one hundred ten million five hundred sixteen thousand dollars ($1,110,516,000). The outstanding balance is appropriated and allocated pursuant to
Article 3.7 (commencing with
Section 52055.700) of
Chapter 6.1 of Part of Division 4.
(2) Fifty-five billion two hundred fifty-one million two hundred sixty-six thousand dollars ($55,251,266,000) for the 2006–07 fiscal year, with an outstanding balance of two hundred eleven million five hundred thirty-three thousand dollars ($211,533,000). The outstanding balance is appropriated and allocated pursuant to
Section 41207.41.
(3) Fifty-six billion five hundred seventy-seven million four hundred ninety-one thousand dollars ($56,577,491,000) for the 2007–08 fiscal year, with no outstanding balance. (b)
(1) The amount determined pursuant to paragraph (1) of subdivision (
a) shall be deemed certified for purposes of
Section when the conditions set forth in subdivision (
c) of
Section 41207.1 are met.
(2) The amount determined pursuant to paragraph (2) of subdivision (
a) shall be deemed certified for purposes of
Section upon appropriation of the full amount of the outstanding balance determined for that year.
(3) The amount determined pursuant to paragraph (3) of subdivision (
a) is deemed to be certified for purposes of