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Transition Revenue

Transition revenue was established in 2003 to guarantee that 2003-04 general education revenue was at least as high as 2002-03, or what it would have been in 2003-04 had the general education formula not been changed.

For 2005-06 and later, transition revenue is set as a fixed amount per pupil equal to the 2003-04 transition amount, and is undesignated revenue which may be used for any general fund purpose.

Transition revenue is a mix of aid and equalized levy.