Category Archives: Finance

CASH Urgent Action Alert: Letters Needed from School District Members

May 24, 2017

Dear CASH School District Member:

We are writing to request your help in communicating with your representatives in the State Senate and the State Assembly to ask for their direct action to assist us in:

  1. Focusing legislative pressure on the Department of Finance (DOF) to increase school bond sales for matching funds through Proposition 51 in years 2018 and in 2019; and
  2. Communicating to the State Allocation Board (SAB) concerns as to how the Office of Public School Construction (OPSC) and DOF are proposing to treat districts projects negatively that are on the “Acknowledged List.”

Unfortunately, in the May Revision the DOF did not change the state’s plan to sell only $600 million in Proposition 51 bonds between now and June 30, 2018. That rate of bond sales will not even cover the new applications being filed, much less the current $2.4 billion waiting list.

In communicating with your legislative representatives we ask that you cite specific information about your District’s projects waiting for state bond funding, including estimated state bond funding amounts. We request that you speak to the need to increase state bond sale amounts for purposes of funding your projects and the $2.4 billion in the pipeline waiting for funding.

It is important to note here that it has been proposed by OPSC that the SAB consider sending projects on the “Acknowledged List” back to the applicant school districts, thus denying funding to those projects.

To date, there are $2 billion on the “Acknowledged List.” This is a combination of new construction and modernization projects. If your District has projects on the “Acknowledged List” we advise that you specifically identify those projects to your representative and detail the negative impact that the proposed action to deny funding to the “Acknowledged List” will have on your District.

We suggest also that you communicate your concern regarding the proposed OPSC/DOF “grant agreement” that is intended to be applied retroactively to all projects waiting for funding, notwithstanding the fact that contracts have been signed or that projects have been completed and occupied.

The Legislature needs to hear directly from you about the specific harm that the proposed OPSC and DOF actions will have on your district.

Again those proposed actions are:

  1. Limit bond sales;
  2. Reject projects waiting for funding on the “Acknowledged List;” and
  3. Require that a grant agreement is signed for each project retroactively.

Please review the draft letter that you may use to write your own request that the state sells more bonds faster.

Please send your letter to your State Assembly Member and State Senator.

Thank you in advance for your assistance on this matter of importance.

~ Tom Duffy

OPSC Stakeholder Meeting on Grant Agreements for the SFP

March 20, 2017

The Office of Public School Construction (OPSC) has scheduled a stakeholder meeting for Thursday, March 30, 2017, at the Department of General Services, Ziggurat building in West Sacramento. The meeting is scheduled for purposes of discussing and receiving feedback on the draft grant agreements for the School Facility Program. The notice has been posted to the OPSC website under Meeting Information and on the State Allocation Board webpage. This meeting will also be webcast.

~ CASH Staff

Office of Public School Construction Stakeholder Meeting on Grant Agreements

February 10, 2017

The Office of Public School Construction (OPSC) has scheduled a stakeholder’s meeting to discuss and receive feedback on the draft grant agreements for the School Facility Program.  The notice( has been posted to the OPSC website under Meeting Information and on the State Allocation Board webpage. This meeting will also be webcast.

~ CASH Staff

SAB Senate Member Appointments & February 22 Meeting Canceled

February 3, 2017

The February 22, 2017, State Allocation Board meeting has been canceled.  The next State Allocation Board meeting is scheduled for Wednesday, March 22, 2017, at 4:00 p.m.  Location will be determined.

The following three Senate members have been appointed to the State Allocation Board:

  • Senator Benjamin Allen
  • Senator Janet Nguyen, and
  • Senator Richard Pan

These three appointments make a full complement of the State Allocation Board.

~ CASH Staff

Assembly Education Committee Schedules Hearing on School Facility Program

January 31, 2017

The Assembly Education Committee has scheduled an informational hearing on the School Facility Program.  The hearing is set for Wednesday, February 8 at 1:30 p.m. in State Capitol Room 4202.  Specifically, the topic of the hearing is: “School Facilities: Streamlining the School Siting and School Funding Processes.”

CASH is pleased to have the opportunity to engage with key policymakers, including Assembly Education Committee Chair Patrick O’Donnell, on this important issue.

~ CASH Staff

Assistance from the Governor’s Office for CASH Members Who Have Not Yet Submitted Their EEPs

January 30, 2017

The Governor’s Office of Planning & Research (OPR) may be reaching out to you if you have not yet submitted an energy expenditure plans (EEP) under the Proposition 39 program.  As you know the final deadline for submitting an EEP under the five-year program is August 1, 2017.  The Governor’s Office wants to encourage and assist schools that have not yet submitted their plans for funding approval.  This outreach to CASH and School Energy Coalition (SEC) members are the result of SEC meetings with the Governor’s Office to assist LEAs – especially smaller schools and charters – that may be having difficulty moving forward to access funding and we appreciate their interest and outreach. find out more about SEC’s advocacy efforts at our upcoming meeting during the CASH Annual Conference at 2:15 p.m. on Monday, February 20, 2017, in Room 315 of the Sacramento Convention Center. You do not have to be a SEC member to attend. See you there!

~ CASH Staff

State Allocation Board Meeting Notes – January 2017

January 25, 2017

Minutes

The minutes from the December 5, 2016, meeting were approved unanimously.

Executive Officer Statement

Lisa Silverman provided updates on the following:

  • Charter Round Opening: A new Charter School Facilities Program (CSFP) round will open and applications will be accepted from February 6, 2017, through June 5, 2017. $500 million is now available with the passage of Proposition 51. Office of Public School Construction (OPSC) staff will be providing a webinar and workshops on the CSFP application process.
  • August 2016 Priority Funding Apportionments: On August 17, 2016, $78.7 million was approved for 20 projects from 14 school districts. 19 projects were required to submit Form SAB 50-05 by November 15, 2016; two projects worth $932,070.50 did not.  They were returned to the Unfunded List (Lack of AB 55 Loans) and given a new Unfunded Approval date of November 15, 2016.

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State Budget 2017-18 Update: Governor Addresses Proposition 51 Implementation

State Budget 2017-18 Update: Governor Addresses Proposition 51 Implementation

The Governor’s Budget proposal contains good news for school facilities, as well as some challenges. With regard to the implementation of Proposition 51, the Governor stated his willingness to work to have Proposition 51 funds flow to school projects. The challenges will be implementing the audit provisions that Governor Brown wants before allowing Proposition 51 funds to flow. Concerning Proposition 39 energy efficiency funding, the Governor proposes $422.9 million for K-12 school districts and charter schools, which is a significant investment.

CASH has always supported accountability for spending taxpayer funds. We have a stated policy that every public funded school project should be audited. If there are changes needed, we look forward to making those changes as soon as possible. We believe the audit guide concern can be addressed immediately without legislation because the guide is developed by the State Controller, Superintendent of Public Instruction and the Director of the Department of Finance. If legislation is needed to have a long-term statutory authority, CASH believes that can be done through a budget trailer bill. We will have more updates in the coming days as more details become available. Below is a summary of the proposed State Budget relating to school facilities.

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Now that Proposition 51 Passed, When Will the School Construction Dollars Start to Flow?

December 12, 2016

Over the weekend, the East Bay Times published an article about the implementation of Proposition 51. Read the full article below.

Now that Proposition 51 Passed, When Will the School Construction Dollars Start to Flow?

~ CASH Staff

State Allocation Board Meeting Notes – December 2016

December 5, 2016

The State Allocation Board (SAB) met today and approved the consent only agenda. The consent agenda included Facility Hardship projects and close out items.

There was no discussion of the passage of Proposition 51. We expect some discussion of Proposition 51 implementation at the January SAB meeting.

CASH will be discussing implementation issues at the Proposition 51 Post-Election Debriefing workshop which will be held at the Sheraton Grand Sacramento on December 12, 2016.

To register for the workshop, please use the following link: https://www.cashnet.org/meetings/2016_Workshops/SpecialDecember2016Workshop.htm.

~ CASH Staff