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Legal Resources | Education Code |  EC  43001.8  

Revenue limit   

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(a) For the 1978-79 fiscal year, and each fiscal year thereafter, the revenue limit per adult foundation program unit of average daily attendance for any high or unified school district, authorized pursuant to Section 43001, may be increased by an amount sufficient to provide additional revenue equal to the expenditures estimated to be incurred by the district in the budget year in complying with the following provisions of the Unemployment Insurance Code: Sections 605 and 803, Article 6 (commencing with Section 821) of Chapter 3 of Part 1 of Division 1, or Article 3 (commencing with Section 976) of Chapter 4 of Part 1 of Division 1, less the actual expenditures incurred by the district in the 1975-76 fiscal year in complying with the following section and article of the Unemployment Insurance Code: Section 605.2 and Article 6 (commencing with Section 821) of Chapter 3 of Part 1 of Division 1.

(b) The increase in revenue limit provided in subdivision (a) shall be adjusted annually, including plus or minus adjustments for under- or over-estimating expenditures used in determining the increase in revenue limit provided by subdivision (a) in the previous fiscal year.

(Added by Stats. 1978, Ch. 2.)

Reference:

Education Code 43001 (Repealed by Stats. 1980, Ch. 1208 Sect. 71.)