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Local Control Funding Formula: June Deferral Exemption Hardship Apportionment


Funding Description

A special apportionment provided to local educational agencies that received an exemption from the June to July Principal Apportionment deferral, pursuant to California Education Code (EC) Section 14041.7.

Eligibility

Eligible Applicants Local educational agencies
Required Eligibility Criteria Eligible local educational agencies (LEAs) submitted an “Application and Certification to Exempt a [School District or Charter School] from the June 2014 Apportionment Deferral” to the California Department of Education and the Department of Finance by the April 1, 2014 deadline.
Other Eligibility Considerations Not applicable
Eligible Grade Level(s) Not applicable
Eligible Age Level(s) Not applicable

Funding

Legal Authority EC Section 14041.7
Source / Type State / Apportionment
State Fiscal Year 2013-14
SACS Resource / Revenue Codes 0000 / 8011
Total Available Unavailable
Recipient Amount See allocation formula.
Match Requirement No
Allocation Formula An LEA is eligible to receive 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)

Important Dates

Date Application Available Unavailable
Due Date Unavailable
Expected Notification Date Unavailable

Additional Information

Application Unavailable
Background June 2014 Deferral Exemption [http://www.cde.ca.gov/fg/fi/ir/jun14def.asp]
Fiscal Principal Apportionment, Fiscal Year 2013-14 [http://www.cde.ca.gov/fg/aa/pa/pa1314.asp]
Funding ResultsRes-13: June Deferral Exemption Hardship Appt [http://www.cde.ca.gov/fg/fo/r14/hardship13result.asp]
Other Unavailable

Contacts

Program Julie Klein Briggs, 916-323-6191, jbriggs@cde.ca.gov
Fiscal Julie Klein Briggs, 916-323-6191, jbriggs@cde.ca.gov
Division School Fiscal Services Division, 916-327-0538 (phone), 916-327-6157 (fax)
Last Modified: June 3, 2014

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