Projected ratio of total unrestricted salaries and benefits to total unrestricted general fund expenditures for any of the current fiscal year or two subsequent fiscal years has not changed from the historical average ratio from the three prior fiscal years by more than the greater of three percent or the district's required reserves percentage.
Cal. Code Regs. Tit. 5, § 15461
Note: Authority cited: Sections 33127, 33129 and 42131, Education Code. Reference: Section 33128, Education Code.
Note: Authority cited: Sections 33127, 33129 and 42131, Education Code. Reference: Section 33128, Education Code.
2. Amendment of section and Note filed 10-5-2000; operative 11-4-2000. Submitted to OAL for printing only pursuant to Education Code section 3313 (Register 2000, No. 40).
3. Amendment of section filed 5-13-2008; operative 6-12-2008. Submitted to OAL for printing only pursuant to Education Code section 33131 (Register 2008, No. 20).
4. New second paragraph filed 12-4-2013; operative 12-4-2013. Submitted to OAL for printing only pursuant to Education Code section 33131(Register 2013, No. 49).
5. Repealer of second paragraph filed 3-13-2024; operative 3/13/2024. Submitted to OAL for filing and printing only pursuant to Education Code section 33131 (Register 2024, No. 11).