June 3, 2013
Dear Select County Superintendent of Schools, Auditor, and Treasurer:
This special apportionment, in the amount of $44,389,029, has been made in accordance with California Education Code (EC) Section 14041.7. The purpose of this special apportionment is to provide state aid to a local educational agency (LEA) that received an exemption from the June to July Principal Apportionment deferral.
EC Section 14041.7 allows an LEA to be granted an exemption by the Department of Finance to receive a payment in June of no more than the lesser of: (1) the total amount of additional funds necessary for the LEA to meet its expenditure obligations for the month of June or (2) the total June principal apportionment payment the LEA is entitled to in July (which is 20 percent of the balance due calculated as of the First Principal Apportionment).
An LEA’s P-2 Principal Apportionment Summary total will reflect updated entitlement amounts for the fiscal year. The amount of funds provided in this apportionment will be shown as a reduction on Line A-31, Recomputations and Adjustments of the summary. An LEA’s P-2 payment will be equal to its P-2 Principal Apportionment Summary total less the amount of funds paid to date, including funds deferred to July and August 2013 from the First Principal Apportionment.
Warrants will be mailed to each county treasurer within approximately two weeks from the date of this Notice. For standardized account code structure (SACS) coding, use Resource Code 0000, Unrestricted, and Revenue Object Code 8011, Revenue Limit State Aid — Current Year for school districts and Resource Code 0000, Unrestricted, and Revenue Object Code 8015, Charter Schools General Purpose Entitlement — State Aid for charter schools.
If you have any questions regarding this apportionment, please contact Christina Kersey, Consultant, Principal Apportionment and Special Education Office, by phone at 916-324-9806 or by e-mail at email@example.com.
Jeannie Oropeza, Deputy Superintendent
Services for Administration, Finance, Technology, and Infrastructure Branch