Cal. Code Regs. Tit. 5, § 15183 - Determination of Local Property Tax Share
(a) The local property tax share of the
revenue limit is determined by subtracting, from the total revenue limit
authorized by the governing board of the district (exclusive of the reduction
for institutional or family home reimbursement received), all of the following:
(1) State basic aid,
(2) State equalization aid,
(3) State guaranteed yield program (GYP)
aid,
(4) No loss state aid because
of separate adult revenue limit, and
(5) Equalization aid offset tax income and
open space land subventions. The remainder is then divided by the local average
daily attendance allowed for revenue limit purposes. This determination will be
made as recalculated from the second period apportionment. The total amount
determined for reimbursement purposes shall be deducted from the district
revenue limit in the year in which the reimbursement is
received.
(b) The local
property tax share of the excess cost of maintaining schools and classes for
physically handicapped (PH), mentally retarded (MR) or educationally
handicapped (EH) pupils is determined by subtracting, from the total allowed
expenditures for PH, MR, and EH programs on the Special Education Cost Data
Sheet, all of the following:
(1) The revenue
limit per average daily attendance authorized by the governing board of the
district (exclusive of the adjustment for institutional or family home
reimbursement), and
(2) State and
federal special education allowances for those PH, MR and EH
programs.
Notes
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