Section 388.1620k - Reduction in district's state school aid; determining maximum number of mills district may levy.
THE STATE SCHOOL AID ACT OF 1979 (EXCERPT)
Act 94 of 1979
388.1620k Reduction in district's state school aid; determining maximum number of mills district may levy.
Sec. 20k.
If the maximum amount appropriated under section 11 from the state school aid fund for a fiscal year exceeds the amount available for expenditure from the state school aid fund for that fiscal year so that a district's state school aid is reduced pursuant to section 11(3), the payments calculated under section 20j and made under section 22b shall be considered to be foundation allowance payments for the purpose of determining the maximum number of mills a district may levy under section 1211(3) of the revised school code, MCL 380.1211. However, the amount to be considered a foundation allowance payment for this purpose shall not exceed the amount reduced from the district's state aid payment as a result of the implementation of section 11(3).
History: Add. 2003, Act 158, Imd. Eff. Aug. 11, 2003
Compiler's Notes: Former MCL 388.1620k, which pertained to allocations for 2000-2001, was repealed by Act 121 of 2001, Eff. Oct. 1, 2001.