Principal Apportionment payments are calculated for each local educational agency (LEA) pursuant to one of the three schedules outlined in Education Code (EC) Section 14041. The chart below summarizes the monthly payment amounts for each payment plan type prior to any payment deferrals authorized by statute. Information on payment deferrals that will impact Principal Apportionment payments in the 2011-12 Fiscal Year is available below.
At each certification of the Principal Apportionment the California Department of Education (CDE) calculates and publishes monthly payment information for the apportionment period. For example, the Advance Principal Apportionment will provide payment information for July to January. The Payment Schedule Summary – LEA Detail Excel file identifies an LEA’s payment plan type (select a fiscal year for access to funding Excel files). On a monthly basis, the State Controller’s Office (SCO) will draw warrants for each county treasurer. Payment information (Outside Source) and estimates of future payment dates (Outside Source) are provided on the SCO Web site.
Principal Apportionment Payment Calculation (before deferrals)
Month |
Amount Monthly Payment Is Calculated On |
EC Section 14041(a)(2)1 |
EC Section 14041(a)(7)2 |
EC Section 14041(a)(8)3 Type 3 |
|---|---|---|---|---|
July |
Advance Apportionment Total |
5% |
15% |
15% |
August |
Advance Apportionment Total |
5% |
15% |
30% |
September |
Advance Apportionment Total |
9% |
15% |
30% |
October |
Advance Apportionment Total |
9% |
15% |
15% |
November |
Advance Apportionment Total |
9% |
0% |
0% |
December |
Advance Apportionment Total |
9% |
0% |
0% |
January |
Advance Apportionment Total |
9% |
6% |
6% |
February |
Balance due - difference between P-1 and payments through January |
20% or 1/5 of balance due |
20% or 1/5 of balance due |
No payments in |
March |
Balance due - difference between P-1 and payments through January |
20% or 1/5 of balance due |
20% or 1/5 of balance due |
No payments in |
April |
Balance due - difference between P-1 and payments through January |
20% or 1/5 of balance due |
20% or 1/5 of balance due |
No payments in |
May |
Balance due - difference between P-1 and payments through January |
20% or 1/5 of balance due |
20% or 1/5 of balance due |
No payments in |
June |
Balance due - difference between P-2 and payments through May (assumes P-1 deferrals have been paid) |
Balance due |
Balance due |
Balance due |
1School districts other than the districts that meet the criteria for payment types 1 and 2 are paid pursuant to this schedule.
2School districts with less than 5,000 ADA in 1979-80 and which received between 39 percent and 74 percent of their total revenue limit from local taxes in 1979-80, are paid pursuant to this schedule.
3School districts with less than 5,000 ADA in 1979-80 and which received 75 percent or more of their total revenue limit from local taxes in 1979, are paid pursuant to this schedule.
Principal Apportionment Deferrals
The state has implemented several Kindergarten through Grade 12 (K-12) apportionment deferrals to address the state’s on-going cash shortage by moving payments within a fiscal year (intra-year deferrals) or to lower the level of K-12 program funding in the current year by paying for some of the current year program in the subsequent fiscal year (inter-year deferrals). The chart below provides information on the deferrals that impact the Principal Apportionment for the 2011-12 Fiscal Year.
2011-12 Fiscal Year Deferrals
Deferral Month |
Amount |
Repayment Month |
Intra-Year or Inter-Year? |
Deferral Exemption Process? |
Principal Apportionment Deferral Impact |
Authority |
Ongoing/ One-time |
|---|---|---|---|---|---|---|---|
July 2011 |
$700 million |
September 2011 |
Intra-Year |
Yes |
56.40% of 2011-12 Advance |
Government Code (GC) 16325.5 and 16326 |
One-time |
July 2011 |
$700 million |
January 2012 |
Intra-Year |
Yes |
43.6% of 2011-12 Advance |
GC 16325.5 and 16326 |
One-time |
August 2011 |
$1.4 billion |
January 2012 |
Intra-Year |
Yes |
100% of 2011-12 Advance |
GC 16325.5 and 16326 |
One-time |
October 2011 |
$2.4 billion |
January 2012 |
Intra-Year |
Yes |
100% of 2011-12 Advance and other K-12 programs (DOC; 45KB; 1p.) |
GC 16325.5 and 16326 |
One-time |
February 2012 |
$2 billion |
July 2012 |
Inter-Year |
No |
87.6% of 2011-12
|
EC 14041.6 |
Ongoing |
March 2012 |
$1.3 billion |
August 2012 |
Inter-Year |
No |
57% of 2011-12 P-1 |
EC 14041.6 |
Ongoing |
March 2012 |
$1.4 billion |
April 2012 |
Intra-Year |
Yes |
43% of 2011-12 |
GC 16325.5 and 16326 |
One-time |
April 2012 |
$419 million |
July 2012 |
Inter-Year |
No |
18% of 2011-12 P-1 |
EC 14041.6 |
Ongoing |
April 2012 |
$1.4 billion |
August 2012 |
Inter-Year |
No |
63% of 2011-12 P-1 |
EC 14041.6 |
Ongoing |
May 2012 |
$1 billion |
August 2012 |
Inter-Year |
No |
43.8% of 2011-12
|
EC 14041.6 |
Ongoing |
May 2012 |
$800 million |
July 2012 |
Inter-Year |
No |
35% of 2011-12 P-1 |
EC 14041.6 |
Ongoing |
June 2012 |
$2.3 billion |
July 2012 |
Inter-Year |
Yes* |
100% of 2011-12 P-2 |
EC 14041.5, 14041.6, and 14041.7 |
Ongoing |
*EC 14041.7 allows an LEA that will be unable to meet its financial obligations in the month of June to apply for an exemption from the June P-2 deferral.
Additional information on the deferral exemption application process is available for the 2011-12 fiscal year on the fiscal status Web page.
