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State Fiscal Stabilization Fund


Funding Description

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 support of struggling schools.

The total kindergarten through grade twelve share of California’s SFSF grant award is $3,190,419,360. The funding identified in this profile allocates the final installment of the grant.

Eligibility

Eligible Applicants Local educational agencies
Required Eligibility Criteria School districts, county offices of education, and direct funded charter schools that receive SFSF funding to offset reductions made to state general purpose (e.g. revenue limits) and categorical program funding pursuant to Senate Bill 4 (Chapter 12, Statutes of 2009, Third Extraordinary Session) and Assembly Bill 56 (Chapter 31, Statutes of 2009, Third Extraordinary Session).
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.

Assembly Bill (AB) 185 (Chapter 221, Statutes of 2010) as amended by AB 1610 (Chapter 724, Statutes of 2010).
Source / Type Federal / Apportionment
State Fiscal Year 2010-11
SACS Resource / Revenue Codes 3200 / 8290
Total Available $271,419,360
Recipient Amount Unavailable
Match Requirement No
Allocation Formula Local educational agency funding amounts are calculated based on reductions to state general purpose (e.g. revenue limits) and categorical program funding pursuant to Senate Bill 4 (Chapter 12, Statutes 2009, Third Extraordinary Session) and Assembly Bill 56 (Chapter 31, Statutes of 2009, Third Extraordinary Session).

Important Dates

Date Application Available Unavailable
Due Date Unavailable
Expected Notification Date Unavailable

Additional Information

Application Rfa-08: SFSF [http://www.cde.ca.gov/fg/fo/r14/sfsf08rfa.asp]
Background American Recovery and Reinvestment Act [http://www.cde.ca.gov/fg/aa/ar/]
Fiscal State Fiscal Stabilization Fund (SFSF) [http://www.cde.ca.gov/fg/aa/ca/arra.asp]
Funding ResultsRes-10: SFSF [http://www.cde.ca.gov/fg/fo/r14/sfsf10result.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 Fiscal Policy Office
Fiscal See above.
Division School Fiscal Services Division
Last Modified: May 25, 2011

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