SB 328

Under current law, if a school district's revenue in the previous school year was

less than the school district's revenue limit in that school year, the school district's

revenue limit in the current school year is increased by the difference between its

revenue in the previous school year and its revenue limit in the previous school year.

This revenue limit adjustment is only available to a school district for one year; the

district cannot use it in consecutive school years.

This bill provides that if a school district qualified for this adjustment in the

2009-10 school year, but did not fully utilize the revenue limit increase in that school

year, the school district's revenue limit for the 2010-11 school year is increased by

the unused portion of the increase.

Similarly, the bill provides that if a school district is eligible for but does not

fully utilize the revenue authority carryover provided for under current law in the

succeeding school year (2010-11), or if a school district does not fully utilize the

revenue authority carryover provided in this bill for the 2010-11 school year, its

revenue limit for the 2011-12 school year is increased by the sum of the unused

portions of the increases.