December 13, 2007
Dear Select County Superintendents of Schools, Auditors, and Treasurers:
This special apportionment, in the amount of $26,453,316, is made in accordance with California Education Code (EC) Section 47652 for fiscal year 2007-08. The purpose of this apportionment is to fund charter schools that are newly operational this year. These funds are, in effect, an advance apportionment.
The charter school amount to be received in this December apportionment is $12,541,363, for the months of December 2007 through January 2008 and equals 16 percent of the charter school’s projected total general-purpose state aid funding for the 2007-08 fiscal year. The categorical block grant apportionment of $7,105,806 equals 16 percent of the charter school’s deficited total categorical state aid funding for the 2007-08 fiscal year. A factor of 0.9597911800 was applied to the adjusted categorical block grant amount for each charter school. Also, included is $6,806,147 to school districts that transfer to charter schools funding in lieu of property taxes (EC Section 47635) for the months of December 2007 through January 2008, which equals 16 percent of the charter school’s projected total funds in lieu of property taxes for the 2007-08 fiscal year. This special apportionment is the second advance apportionment for newly operational charter schools, and is based on the charter school’s reported 20 day actual average daily attendance and economic impact aid eligible data reported. Charter school administrators, superintendents and business officials of local educational agencies will receive more detailed apportionment information in subsequent correspondence.
The warrants will be mailed by the State Controller’s Office to the County Treasurer in approximately three to four weeks from the date of this Notice. The County Treasurer of each county is requested to immediately deposit the amount received into the appropriate fund or account of the local educational agency at the direction of the County Superintendent of Schools.
If you have any questions regarding this apportionment, please contact Byron Fong, Consultant, Office of Charter Apportionments and District Reorganization, at 916-323-0498 or by e-mail at email@example.com,
or Cindy Chan, Administrator, Charter Schools Fiscal Office, at 916-324-4541 or by e-mail at firstname.lastname@example.org [Note, the preceding contact is no longer valid.] A copy of this letter and the amounts apportioned are available on the California Department of Education’s Web site under Principal Apportionment at http://www.cde.ca.gov/fg/aa/pa/.
Susan Lange, Deputy Superintendent
Finance, Technology, and Administration Branch