§ 26914 School District Tax Revenue Adjustment

• •This law is about how money from certain taxes is shared with the county school superintendent.
• •If the school superintendent became financially independent on or after June 30, 1977, the tax money is calculated as if they had received tax money from a specific source (unsecured roll) in the 1977-78 school year.
• •The calculation uses the school superintendent’s tax rate from that year to figure out how much money they should get.
• •The total tax money the school superintendent gets is adjusted to include this extra amount from the unsecured roll.

Imagine a county where the school superintendent started handling their own money in 1978. Before this law, they didn’t get any money from taxes on things like cars or boats (unsecured roll).

This law says they should get money as if they had been getting it since 1977. So, the county calculates how much they would have gotten using the tax rate from 1977 and adds that to their total money.