Education finance: inflation adjustment to revenue limits.

Existing law establishes the public elementary and secondary school system in this state, and further establishes a funding system pursuant to which the state apportions funds to local educational agencies in accordance with district revenue limits, the calculation of which is partly based on the average daily attendance of pupils at the schools operated by those agencies. Numerous statutes and regulations govern the calculation and reporting of average daily attendance. Existing law requires the Superintendent of Public Instruction to calculate an annual inflation adjustment to these district revenue limits, and specifies the computations necessary to make this calculation. This bill would make technical, nonsubstantive changes in the provision relating to the calculation of the annual inflation adjustment.