School district reorganization: bonded indebtedness: Wiseburn Unified School District: Centinela Valley Union High School District.

(1) Existing law specifies the manner in which bonded indebtedness of a school district on general obligation bonds is reallocated among school districts when school districts are reorganized. This bill, notwithstanding the provisions above, would specify the manner in which the liability for taxation, the bonding capacity, the permitted use of existing bond proceeds, and the allocation of authorized but unsold bonds of the Wiseburn Unified School District and the Centinela Valley Union High School District would be determined upon the reorganization of the Wiseburn School District and the Centinela Valley Union High School District by the formation of the Wiseburn Unified School District and the termination of the Wiseburn School District. The bill also would authorize the Local Public Schools Funding Authority, a joint powers authority created by the Wiseburn School District and the Centinela Valley Union High School District or the Wiseburn Unified School District and the Centinela Valley Union High School District, to issue bonds pursuant to laws governing the issuance of school facilities construction bonds by school districts. To the extent that these actions would cause local taxing authorities to perform additional duties, the bill would impose a state-mandated local program. (2) Existing law requires plans and recommendations for the reorganization of school districts to include a computation of the base revenue limit per unit of average daily attendance. This bill would set forth a calculation by which to determine the blended revenue limit per unit of average daily attendance for the Wiseburn Unified School District. (3) Existing law sets forth the procedures for the reorganization of school districts. This bill would authorize a pupil residing in the Wiseburn Unified School District who is eligible to attend any of grades 9 to 12, inclusive, to attend the Centinela Valley Union High School District without an interdistrict attendance agreement if the Centinela Valley Union High School District accepts that pupil for attendance. (4) This bill would make legislative findings and declarations as to the necessity of a special statute for the Centinela Valley Union High School District and the Wiseburn School District. (5) The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that, if the Commission on State Mandates determines that the bill contains costs mandated by the state, reimbursement for those costs shall be made pursuant to these statutory provisions.