{"data":{"id":"us-ca/edc-41963","jurisdiction":"us-ca","citation":"EDC § 41963","heading":"","body":"No allowance of severance aid shall be made as provided in Section 41960 unless the total assessed value of taxable real property within the school district is reduced by one-half of one (0.5) percent or more during a fiscal year by reason of acquisitions giving rise to severance aid as provided in Section 41960. In determining whether or not the value of the acquisitions is equal to one-half of one (0.5) percent or more of the value of taxable real property, all of these acquisitions made during each fiscal year shall be considered as one sum.","path":["Education Code - EDC","TITLE 2. ELEMENTARY AND SECONDARY EDUCATION [33000. - 65001.]","DIVISION 3. LOCAL ADMINISTRATION [35000. - 45500.]","PART 24. SCHOOL FINANCE [41000. - 43052.]","CHAPTER 5. Foundation Program [41760.2. - 41972.]","ARTICLE 16. Allowances for Severance Aid [41960. - 41964.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"a52bdc9997e06c1e2971c366df2043bd5c1a43ce33c5eb71ac9947cb26e77c1e","source_id":"us-ca","stale":false,"prev":"us-ca/edc-41962","next":"us-ca/edc-41964"},"notice":"GroundRules: Original legal text. Not legal advice."}