(

a) Commencing with the 1983–84 fiscal year, the Controller shall, pursuant to subdivision (

c) of

Section 38904, on November and May of each fiscal year, transmit to county treasurers the balance that existed in the Timber Tax Fund on the preceding November or May 10, respectively, in accordance with the following allocation schedule:

(1) For the 1983–84 fiscal year, 50 percent of the balance in Timber Tax Fund shall be transmitted to county treasurers based on the annual yield tax revenue guarantee certified for each county pursuant to subdivision (

c) or (

e) of

Section of the Government Code. The remaining percent of the balance in the fund shall be transmitted to county treasurers in the same proportion that the balance to be transmitted was generated from each county, as certified by the State Board of Equalization.

(2) For the 1984–85 fiscal year and each fiscal year thereafter, 100 percent of the balance in the fund shall be transmitted to county treasurers in the same proportion that the balance to be transmitted was generated from each county, as certified by the State Board of Equalization. (

b) Upon receipt of funds pursuant to subdivision (a), the county auditor shall within days distribute the funds among the jurisdictions (as defined in

Section 95) within the county in the same proportion that each jurisdiction’s minimum revenue guarantee, determined pursuant to

Section of the Government Code, bears to the total of all those amounts for all jurisdictions within the county. (

c) It is the intent of the Legislature that the provisions of subdivision (

a) shall provide a final and conclusive disposition of the problem of allocating yield tax revenues among counties entitled to those revenues.