Dear Select County Superintendents of Schools, Auditors, and Treasurers:
This special apportionment, in the amount of $39,141,912, is made in accordance with California Education Code (EC) Section 47652 for fiscal year 2008-09. The purpose of this apportionment is to fund new charter schools that will begin operation after the beginning of the 2008-09 fiscal year. These funds are, in effect, an advance apportionment.
The amount to be received in this September apportionment is for the months of July 2008 through November 2008 in the amount of $27,843,990 and equals 42 percent of the charter school’s projected total general-purpose state aid for the 2008-09 fiscal year. Also included is $11,297,922 to school districts that transfer to charter schools funding in lieu of property taxes (EC Section 47635) for the months of August 2008 through November 2008, which equals 34 percent of the charter school’s projected total funds in lieu of property taxes for the 2008-09 fiscal year. This special apportionment is based on the charter school’s estimated current year second principal apportionment average daily attendance.
The warrants will be mailed by the State Controller’s Office to the County Treasurer within three weeks from the date of this Letter. The County Treasurer of each county is requested to immediately deposit the amount received into the fund or account of the participating local educational agencies or charter schools at the direction of the County Superintendent of Schools.
If you have any questions regarding this apportionment, please contact Byron Fong, Consultant, Charter Apportionments and District Reorganization Office, at 916-323-0498 or by e-mail at firstname.lastname@example.org, or Caryn Moore, Administrator, Charter Apportionments and District Reorganization Office, at 916-324-4541 or by e-mail at email@example.com. A copy of this letter and the amount apportioned to participating local educational agencies or charter schools 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