Education finance: revenue limits.

(1) Existing law requires the county superintendent of schools to determine a revenue limit for each school district in the county by, in part, calculating a base revenue limit for a fiscal year by adding a specified inflation adjustment, specified equalization adjustment, and specified add-ons to the base revenue limit for the prior fiscal year. Existing law requires the Superintendent of Public Instruction, for the 2011–12 fiscal year and each fiscal year thereafter, to compute an add-on for each school district by adding a specified inflation adjustment to the amount of the add-on computed in the 2010–11 fiscal year, which is based, in part, on a specified adjustment. This bill would instead require the Superintendent, for the 2011–12 fiscal year and each fiscal year thereafter, to compute the add-on for each school district in a different manner by, among other things, multiplying the sum of 1.0 plus the percentage change determined pursuant to a specified provision. (2) Existing law requires the Superintendent, for the 2010–11 fiscal year, to compute an adjustment for each school district by dividing each school district's 2007–08 fiscal year average daily attendance into the sum of funding for Meals for Needy Pupils programs and funding for incentives to increase beginning teachers' salaries received by the school district for the 2007–08 fiscal year pursuant to specified provisions. This bill would instead require the Superintendent, for the 2014–15 fiscal year, to compute an adjustment for each school district by dividing each school district's 2009–10 fiscal year average daily attendance into funding for Meals for Needy Pupils programs received by the school district for the 2009–10 fiscal year. (3) A former provision, which became inoperative on July 1, 2010, and was repealed on January 1, 2011, authorized an adjustment of the revenue limit of a school district to reflect funding for Meals for Needy Pupils programs. This bill would reenact this authorization, which would be operative until July 1, 2014.