Declares an intent to begin a six-year process, beginning with the 2009-10 school year, to equalize the salary allocations to school districts for state-funded staff pursuant to state basic education appropriation sections of the biennial budget. By the 2014-15 school year, the salary allocation amounts received by school districts for certificated instructional staff, classified staff, and certificated administrative staff shall be the same.

Requires a district's levy base, for levy collections in calendar years 2010 through 2015, in addition to certain other allocations, to include the difference between the salary allocation amounts that would have been received if the provisions of section 1 of the act had been in effect for each respective school year and the salary allocations received in the prior school year, reduced by the additional allocations actually received pursuant to section 1 of the act.