If during any fiscal year there is apportioned to a community college district or to any fund from Section B of the State School Fund at least one hundred dollars ($100) more or at least one hundred dollars ($100) less than the amount to which the district or fund was entitled, the Chancellor, not later than the immediate succeeding fiscal year, shall withhold from, or add to the apportionment made during such fiscal year, the amount of such excess or deficiency, as the case may be. Notwithstanding any other provision of this Division to the contrary, excesses withheld or deficiencies added by the Chancellor under this Section shall be added to or allowed from any portion of Section B of the State School Fund.
Authority cited:
Education Code 66700
Education Code 70901
Education Code 84750
Reference:
Education Code 70901
(Amended by Register 97, No. 46.)