Section 2575.4 - Adjustment of county local control funding formula calculationCommencing with the 2022-23 fiscal year, the Superintendent shall adjust the county local control funding formula calculation as follows:
(a) Determine the amount of the county local control funding formula attributed to the annual inflation adjustment for each fiscal year as the sum of the following: (1) That portion of the county office of education operations grant, authorized pursuant to subdivision (a) of Section 2574, which is attributed to the rate change pursuant to paragraph (4) of subdivision (a) of Section 2574.(2) That portion of the alternative education grant, authorized pursuant to subdivision (c) of Section 2574, which is attributed to the rate change pursuant to subparagraph (B) of paragraph (1) of subdivision (c) of Section 2574.(b) Add the amount calculated in subdivision (a) to the base entitlement for the transition to the county local control funding formula determined pursuant to paragraphs (1) and (2) of subdivision (a) of Section 2575.(c) Add the amount calculated in subdivision (a) to the amount of the minimum guarantee determined pursuant to subdivision (h) of Section 2575, unless the amount of local revenue calculated pursuant to subdivision (c) of Section 2575 exceeds the county local control funding formula entitlement calculated pursuant to subdivision (e) of Section 2574 or subdivision (a) of Section 2575, as determined by subdivision (g) of Section 2575, in which case the add-on amount shall be zero.Amended by Stats 2022 ch 571 (AB 185),s 1, eff. 9/27/2022.Added by Stats 2022 ch 52 (AB 181),s 6, eff. 6/30/2022.