State Fiscal Stabilization Fund

NOTE: The application due date for this program has passed.

The State Fiscal Stabilization Fund (SFSF) is intended to avert layoffs of teachers, professors, and other personnel and to further education reform in the key areas of teacher quality, standards and assessments, using longitudinal data to improve instruction, and supporting struggling schools.

Eligibility

Eligible Applicants	Institutions of higher education, local educational agencies
Required Eligibility Criteria	School districts, county offices of education, direct funded charter schools will receive SFSF funding to offset reductions to state general purpose (e.g. revenue limits) and categorical program funding reduced pursuant to Senate Bill 4 (Chapter 12, Statutes 2009-10, Third Extraordinary Session). Public IHEs are eligible to receive funding to offset budget reductions.
Other Eligibility Considerations	Not applicable
Eligible Grade Level(s)	Not applicable
Eligible Age Level(s)	Not applicable

Funding

Legal Authority	Public Law 111-5, American Recovery and Reinvestment Act (ARRA) of 2009, Section 14001, et seq
Source / Type	Federal / Apportionment
State Fiscal Year	2008-09
SACS Resource/ Revenue Codes	3200 / 8290
Total Available	$3,100,000,000
Recipient Amount	Unavailable
Match Requirement	No
Allocation Formula	Unavailable

Important Dates

Date Application Available	April 17, 2009
Due Date	May 4, 2009
Expected Notification Date	April 30, 2009

Additional Information

Application	http://www.cde.ca.gov/fg/fo/r14/sfsf08rfa.asp
Background	http://www.cde.ca.gov/fg/aa/ar/
Fiscal	http://www.cde.ca.gov/fg/aa/ca/arra.asp
Funding Results	http://www.cde.ca.gov/fg/fo/r14/sfsf08result.asp
Other	SFSF funds may be used by local educational agencies for any activity that is authorized under the following: (1) The Elementary and Secondary Education Act of 1965, including Impact Aid, (2) The Individuals with Disabilities Education Act, (3) The Adult Education and Family Literacy Act, or (4) The Carl D. Perkins Career and Technical Education Act of 2006. All applicants should review the ARRA Web site and SFSF guidance, particularly information on reporting requirements. The start date for the State Fiscal Stabilization Fund is April 17, 2009. LEAs may not charge to Resource Code 3200 expenditures incurred before this date. SFSF funds are available for obligation until September 30, 2011. For fiscal questions please contact:Thi Huynh (categorical programs) at 916-324-4555, or by email at thuynh@cde.ca.gov or Elizabeth Dearstyne (revenue limits), at 916-327-0398, or by email at edearstyne@cde.ca.gov.

Contacts

Program	ARRA@cde.ca.gov Phone : 916-319-0821 E-mail : ARRA@cde.ca.gov
Fiscal	See Above Phone : E-mail :
Division	Government Affairs Division Phone : 916-319-0821 Fax : 916-324-4534