28A.500.010 - Local effort assistance funds -- Purpose -- Not basic education allocation. - Washington Statutes

Local effort assistance funds — Purpose — Not basic education allocation.

Commencing with calendar year 2000, in addition to a school district's other general fund allocations, each eligible district shall be provided local effort assistance funds. The purpose of these funds is to mitigate the effect that above average property tax rates might have on the ability of a school district to raise local revenues to supplement the state's basic program of education. These funds serve to equalize the property tax rates that individual taxpayers would pay for such levies and to provide tax relief to taxpayers in high tax rate school districts. Such funds are not part of the district's basic education allocation.

[1999 c 317 § 1; 1997 c 259 § 4; 1993 c 410 § 1; (1993 c 465 § 2 expired December 31, 1995); 1992 c 49 § 2; 1987 1st ex.s. c 2 § 102. Formerly RCW 28A.41.155.]

Notes: Funding not related to basic education -- 1997 c 259: See note following RCW 84.52.0531.

Expiration date -- 1993 c 465 § 2: "Section 2 of this act shall expire December 31, 1995." [1993 c 465 § 3.]

Intent -- Severability -- Effective date -- 1987 1st ex.s. c 2: See notes following RCW 84.52.0531.