June 6, 2017
Please be aware that, if your district is on the State Allocation Board’s Unfunded List and eligible for Priority Funding, you must submit your Priority Funding request by 5:00 pm on Thursday, June 8, 2017.
The Priority Funding (PF) process was created to allow projects that receive unfunded approval by the State Allocation Board (SAB) and are placed on the Unfunded List (Lack of AB 55 Loans) to receive an apportionment with accelerated timelines.
Following is the text from the June 5, 2017 State Allocation Board agenda regarding the current Priority Funding filing round:
CURRENT PRIORITY FUNDING FILING ROUND
The priority funding filing period began on May 10, 2017 and will close on June 8, 2017. Priority funding requests with original signatures by an Authorized District Representative must be physically received by the Office of Public School Construction (OPSC) before the close of business at 5:00 pm on June 8, 2017. These requests will be valid from July 1, 2017 through December 31, 2017.
Requirements for Participation in Priority Funding
OPSC reminds school districts that the requirements for Participation in the Priority Funding Process are in effect under School Facility Program Regulation Section 1859.90.3. There are two ways for a school district to not participate in the priority funding process as follows:
• Not submit a valid priority funding request in the 30-day filing period, or
• Submit a valid priority funding request but fail to submit a valid Fund Release Authorization (Form SAB 50-05) to request the release of funds after the Board approves an apportionment.
The second time that either of these occurs, the funding for the project will be rescinded without further action by the Board. For additional information, please refer to the Procedures for School Facility Program Funding.