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School Districts in Financial Distress Appropriation


Funding Description

Funding is allocated to the Oakland Unified School District and the Inglewood 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 Oakland Unified School District
Other Eligibility Considerations Not applicable
Eligible Grade Level(s) Not applicable
Eligible Age Level(s) Not applicable

Funding

Legal Authority Education Code Section 42160 and Provision 2 of Item 6100-488 of the Budget Act of 2021 (Chapter 21, Statutes of 2021)
Source / Type State / Apportionment
State Fiscal Year 2021-22
SACS Resource / Revenue Codes 0000 / 8590
Total Available $10,008,000
Recipient Amount $10,008,000 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-21: Financial Distress Funding [http://www.cde.ca.gov/fg/fo/r14/findistressoakland21result.asp]
Other Unavailable

Contacts

Program Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov
Fiscal Categorical Allocations and Audit Resolution Office, CAAR@cde.ca.gov
Division School Fiscal Services Division, 916-327-0538 (phone), 916-327-6157 (fax)
Last Modified: May 17, 2022
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