
Legal Resources | Title 5 | T5 58779
Subchapter 8. Program-Based Funding. Article 8. Allocation Process. Deficit Mechanism.
In the event that State General Fund appropriations, local property tax revenues, student enrollment fees, and other local tax revenues allocated to community college districts for general operating support, are less than the amounts computed for all districts for the fiscal year pursuant to subdivision (a) of section 58770, the Chancellor shall apportion state aid by multiplying the amount computed for each district pursuant to subdivision (a) of section 58770, by the ratio of the statewide total revenue available for purposes of subdivision (a) of section 58770, to the statewide total calculated amount for purposes of subdivision (a) of section 58770.
Authority cited:
Education Code 66700
Education Code 70901
Education Code 84750.5
Reference:
Education Code 84750.5
(Register 2007, No. 9.)