August 27, 2007
Dear Select County Superintendents of Schools, Auditors, and Treasurers:
This special apportionment, in the amount of $52,785,633, is made in accordance with California Education Code (EC) Section 47652 for fiscal year 2007-08. The purpose of this apportionment is to fund new charter schools that will begin operation after the beginning of the 2007-08 fiscal year. These funds are, in effect, an advance apportionment.
The amount to be received in this August apportionment is for the months of July 2007 through November 2007 in the amount of $37,785,687 and equals 42 percent of the charter school’s projected total general-purpose state aid for the 2007-08 fiscal year. Also included in this special apportionment is $14,999,946 to school districts to backfill their projected funding for in lieu of property taxes (EC Section 47635) paid to charter schools for the months of July 2007 through October 2007 which equals 34 percent of the charter school’s projected total funds for in lieu of property taxes for the 2007-08 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, 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Schools Fiscal Office, at 916-324-4541 or by e-mail at firstname.lastname@example.org [Note, the preceding contact is no longer valid.]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 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