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 Results	Res-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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