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School Districts in Financial Distress Appropriation


Funding Description

Funding is allocated to the Inglewood Unified School District and the Oakland Unified School District to cover a percentage of the projected budget deficit, after certain conditions have been met to improve the districts fiscal solvency.

Eligibility

Eligible Applicants Local educational agencies
Required Eligibility Criteria Only Inglewood Unified School District and Oakland Unified School District are eligible.
Other Eligibility Considerations Not applicable
Eligible Grade Level(s) Not applicable
Eligible Age Level(s) Not applicable

Funding

Legal Authority Education Code sections 42160 and 42161 added by Section 16 of AB 1840 (Chapter 426, Statutes of 2018); Provisions 3 and 4 of Item 6100-488 of the Budget Act of 2019 (Chapters 23 and 363, Statutes of 2019)
Source / Type State / Apportionment
State Fiscal Year 2019-20
SACS Resource / Revenue Codes 0000 / 8590
Total Available $4,147,000
Recipient Amount $3,633,000 for Inglewood Unified School District; $514,000 for Oakland Unified School District.
Match Requirement No
Allocation Formula Unavailable

Important Dates

Date Application Available Unavailable
Due Date Unavailable
Expected Notification Date Unavailable

Additional Information

Application Unavailable
Background Unavailable
Fiscal Unavailable
Funding ResultsRes-19: Financial Distress Funding - One-Time [http://www.cde.ca.gov/fg/fo/r14/funding1timeoakland19result.asp]
Other Unavailable

Contacts

Program Janet Finley, 916-323-5091, jfinley@cde.ca.gov
Fiscal Janet Finley, 916-323-5091, jfinley@cde.ca.gov
Division School Fiscal Services Division, 916-327-0538 (phone), 916-327-6157 (fax)
Last Modified: March 16, 2020
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