Statute · California Education Code

Cal. Educ. Code § 47662 — Computations Affecting Sponsoring Local Educational Agencies

Cal. Educ. Code § 47662

Type
Statute
Source
California Education Code
Jurisdiction
California
Date
2017-06-27
Current through
Nov 2, 2026 (California Legislative Counsel)

For purposes of Section 42238.02, as implemented by Section 42238.03, the property tax revenues received by a sponsoring local educational agency pursuant to Chapter 3.5 (commencing with Section 75) and Chapter 6 (commencing with Section 95) of Part 0.5 of the Revenue and Taxation Code shall be…

Citator

Cal. Educ. Code § 47662 — Computations Affecting Sponsoring Local Educational Agencies is in force in the current edition of the Code, and nothing recorded condemns it.

For purposes of Section 42238.02, as implemented by Section 42238.03, the property tax revenues received by a sponsoring local educational agency pursuant to Chapter 3.5 (commencing with Section 75) and Chapter 6 (commencing with Section 95) of Part 0.5 of the Revenue and Taxation Code shall be reduced by the amount of funding in lieu of property taxes allocated to a charter school or schools pursuant to Section 47635.