2005 California Government Code Sections 16272-16272.7 Article 2. State Allocation

16272.  Out of the amount appropriated by Section 16100, there shall
be allocated among the governing bodies, for the 1978-79 fiscal year
only, one hundred and twenty-five million dollars ($125,000,000) to
be distributed as provided in this article.
16272.5.  The State Controller, shall total the amounts determined
pursuant to former Section 16272.3, as amended by Chapter 332 of the
Statutes of 1978, and shall determine the proportion which the
amounts submitted by each governing body bears to the total amount of
the property taxes reported by all such governing bodies.  The
percentage determined for each governing body shall be applied to the
one hundred twenty-five million dollars ($125,000,000) to determine
the dollar share of the surplus allocation for each governing body.
The Controller shall then notify in writing each fiscal officer of
the allocation which will be made for the 1978-79 fiscal year, on or
before July 20, 1978.
16272.7.  (a) The allocation for each governing body as determined
in Section 16272.5 shall be distributed to each governing body by the
State Controller as follows:
   33 percent--on August 31, 1978, or a subsequent date if the
information needed by the State Controller is not available by this
date.
   33 percent--on December 10, 1978.
   34 percent--on May 10, 1979, or at an earlier time as may be
requested by the governing body if a determination is made pursuant
to subdivision (b) of this section.
   (b) If a governing body certifies that any district which was
allocated funds pursuant to Section 16275 needs such funds earlier
than May 10, 1979, and that such need is based on a determination by
the governing body that such funds are needed in order to continue
providing necessary services, the governing body may request that the
Controller provide such funds prior to May 10, 1979.  Upon such
request the Controller shall disburse such funds.  When received, the
board shall immediately deposit such funds with such district.
   (c) Where funds are disbursed earlier than May 10, 1979, any
reconciliation and audit as may otherwise be required shall be made
no later than July 1, 1979.