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Chapter 14. School Finance. Subchapter 9. Criteria and Standards for County Office of Education Budgets and Interim Reports. Budget Review. Note: For fiscal responsibility of County Superintendents. Local Control Funding Formula (LCFF) Revenue.
(a) Projected LCFF revenue for any of the budget year or two subsequent fiscal years has not changed from the prior fiscal year by more than the change in population, plus the county office's gap funding or cost-of-living adjustment (COLA), plus or minus one percent.
(b) For excess property tax counties, projected LCFF revenue has not changed from the prior fiscal year by more than the percent change in property tax revenues plus or minus one percent.
(c) For purposes of this section, county offices that are already at or above their LCFF target funding level receive no gap funding. These county offices have a COLA applied to their LCFF target, but their year-over-year revenue increase might be less than the statutory COLA due to certain local factors and components of the funding formula.
Authority cited:1621
Education Code 1622
Education Code 1623
Education Code 33127
Education Code 33129
Reference:
Education Code 33128
(Amended by Register 2013, No. 49.)