topleft CSBA.org >  Services >  Governance Technology > 

Legal Resources | Title 5 |    58776  

Chapter 9. Fiscal Support Subchapter 8. Program-Based Funding Article 8. Allocation Process   

arrow Previous bar Next arrow

Districts shall receive stability funding only in the initial year of decline in FTES in an amount equaling the revenue loss associated with the FTES reduction for that year. Declines in college FTES that result in a reduction of calculated basic allocation will not cause a reduction in basic allocation base revenue until the third year after the year of the FTES decline, and the basic allocation will not be reduced if the FTES is restored back to or above the pre-decline base.

Authority cited:

Education Code 66700

Education Code 70901

Education Code 84570.5

Reference:

Education Code 84750.5

(Added by Register 2007, No. 35.)