School Districts in Financial Distress Appropriation

Funding Description

Funding is allocated to the Oakland Unified School District and the Inglewood Unified School District to cover a percentage of the projected budget deficit, after certain conditions have been met to improve the districts fiscal solvency.

Eligibility

Eligible Applicants	Local educational agencies
Required Eligibility Criteria	Oakland Unified School District
Other Eligibility Considerations	Not applicable
Eligible Grade Level(s)	Not applicable
Eligible Age Level(s)	Not applicable

Funding

Legal Authority	Education Code Section 42160 and Provision 2 of Item 6100-488 of the Budget Act of 2021 (Chapter 21, Statutes of 2021)
Source / Type	State / Apportionment
State Fiscal Year	2021-22
SACS Resource / Revenue Codes	0000 / 8590
Total Available	$10,008,000
Recipient Amount	$10,008,000 for Oakland Unified School District
Match Requirement	No
Allocation Formula	Unavailable

Important Dates

Date Application Available	Unavailable
Due Date	Unavailable
Expected Notification Date	Unavailable

Additional Information

Application	Unavailable
Background	Unavailable
Fiscal	Unavailable
Funding Results	Res-21: Financial Distress Funding [http://www.cde.ca.gov/fg/fo/r14/findistressoakland21result.asp]
Other	Unavailable

Contacts

Program	Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov
Fiscal	Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov
Division	School Fiscal Services Division, 916-327-0538 (phone), 916-327-6157 (fax)