Tag Archives: Department of Finance

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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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

State Allocation Board Meeting Notes – August 2016

August 18, 2016

The next State Allocation Board (SAB) meeting is scheduled for Monday, October 17, 2016. For a PDF copy of the August 2016 SAB meeting notes, please click here.

Governor Releases 2016-17 May Revision

May 13, 2016

By Ian Padilla

CASH_Logo_Web_Proof3On Friday, May 13, 2016, the Governor released his  2016-17 May Revision.  We are currently reviewing the details concerning school facilities.  In the press conference, the Governor was asked if he opposed the State School Bond, Governor Brown stated that he did not support or oppose the measure, and could deal with its costs if it was approved.  This is consistent with his January 2016 statements concerning his position on the State School Bond.

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State Budget 2016-17: No School Bond or New School Facilities Proposal

January 7, 2015

State Budget 2016-17: No School Bond or New School Facilities Proposal

Today, the Governor released his 2016-17 State Budget, which does not include a proposal for a school bond, and which restates his previous proposals on K-12 school facilities that were included in his last three State Budgets. The Governor also references the Californians for Quality Schools (CQS) initiative, objecting to the fact that it does not make changes to the existing School Facility Program (SFP), and that it would add an additional $500 million in General Fund debt service; however, when asked directly if he supported the CQS initiative in his press conference, he stopped short of opposing it. Continue reading

Facility Planners Meeting – November 2015

November 3, 2015

Legislative Update
The Legislature concluded its business for the year on September 11, 2015, and will reconvene in Sacramento on January 4, 2016. The Governor had until October 11, 2015, to sign or veto bills. Below is an update on final actions for C.A.S.H. priority bills that made it to the Governor’s desk. Continue reading

C.A.S.H. June Facility Planners Update

06/01/15

The May Revision and State Budget Activities
The Governor released his May Revision budget update on Thursday, May 14, 2015, and the
Legislature is currently reviewing, reconciling, and finalizing budget actions in order to
meet the constitutional deadline to pass a budget by June 15. The Governor estimates an
additional $6.7 billion in revenues above the January proposal across three fiscal years
(2013-14, 2014-15, and 2015-16), $5.5 billion of which are proposed to go to K-12 and
community colleges under Proposition 98. The Legislative Analyst’s Office (LAO)
estimates revenues approximately $3 billion above the Governor, who is known for making
very conservative estimates in order to maintain a fiscally prudent approach and minimize
new spending. Continue reading