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.
Tag Archives: Seismic Mitigation Program
State Allocation Board Meeting Notes – January 27, 2016
February 1, 2016
Minutes
The minutes from the August 26, 2015 and September 8, 2015 meetings were approved unanimously.
Executive Officer Statement
Lisa Silverman provided updates on the following: Continue reading
State Allocation Board Meeting Notes – August 26, 2015
August 27, 2015
Minutes
The minutes from the June 30, 2015, meeting were approved unanimously.
Executive Officer Statement
- Lisa Silverman provided updates on the following:Close of 2014 Charter School Facilities Program (CSFP) Funding Round – In November 2014, the State Allocation Board (Board) provided unfunded approvals for Preliminary Charter School Apportionments in the 2014 funding round, which was open until July 24, 2015. Nine schools with 13 projects worth $157.0 million have been approved, and $0.5 million in bond authority remains for the 2014 round. Once this is apportioned at a future meeting, the remaining applications will be returned to applicants.
- Status of Fund Releases for Priority Funding Apportionments – On April 15, 2015, the Board approved $113.6 million in priority funding apportionments for 41 projects representing 22 school districts. Districts that received an apportionment were required to submit a valid Fund Release Authorization (Form SAB 50-05) containing an original signature by Tuesday, July 14, 2015, to Office of Public School Construction (OPSC). OPSC received 27 fund release requests totaling $96.7 million. Twelve Career Technical Education Facilities Program Projects were approved as a reservation of funds.
- Regulation Update – OPSC anticipates that regulations adopted by the Board in October 2014 will be in effect on October 1, 2015. These regulations align the Charter School Preliminary Apportionment general site development grant with the one provided in the New Construction program.
- Upcoming Bond Sale – There will be a General Obligation Bond sale on August 26, 2016. Staff anticipates receiving bond proceeds for the School Facility Program from this sale.
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State Allocation Board Meeting Notes – June 30, 2015
July 6, 2015
Minutes
The minutes from the May 27, 2015, meeting were approved unanimously.
Executive Officer Statement
Lisa Silverman provided updates on the following:
- Current Priority Funding Filing Round – The current filing period opened on May 13, 2015, and closed June 11, 2015. Requests will be valid from July 1, 2015, through December 31, 2015. Twelve projects totaling $11.2 million received a second occurrence for non-participation in this round had have been rescinded without further State Allocation Board action.
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State Allocation Board Meeting Notes – April 15, 2015
April 17, 2015
Minutes
The minutes from the February 24, 2015 meeting were approved unanimously.
Executive Officer Statement
Lisa Silverman provided updates on the following:
– Priority Funding Apportionments – This agenda includes $113.6 million in priority funding apportionments for 41 projects representing 22 school districts. These projects are required to submit a valid Fund Release Authorization (Form SAB 50-05) by Tuesday, July 14, 2015. Continue reading
State Allocation Board Meeting Notes – February 24, 2015
February 27, 2015
Minutes
The minutes from November 25, 2014 were approved unanimously.
Executive Officer Statement
Lisa Silverman provided updates on the following:
– Status of Fund Releases for Priority Funding Apportionments – The August 2014 priority funding apportionments provided $100.2 million for 34 projects and 21 school districts. Two projects totaling $16.1 million did not submit a valid Fund Release Authorization (Form SAB 50-05) by November 18, 2014, and were returned to the Unfunded List (Lack of AB 55 Loans) with a new unfunded approval date of November 18, 2014.
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State Allocation Board Meeting Notes – October 16, 2014
October 24, 2014
Minutes
The minutes from the August 20, 2014 meeting were approved unanimously.
Executive Officer Statement
Lisa Silverman provided updates on the following:
– Status of Fund Releases – The State Treasurer’s Office held a general obligation bond sale on October 7, 2014, and the School Facility Program received $73 million as anticipated in the August Priority Funding Apportionment item, which provided apportionments worth $100.2 million for 34 projects in 21 school districts. Districts that received an apportionment must submit a valid Fund Release Authorization (Form SAB 50-05) by Tuesday, November 18, 2014. Continue reading
State Allocation Board Meeting Notes, August 20, 2014
August 21, 2014
Minutes
The minutes from the June 25, 2014 meeting were approved unanimously.
Executive Officer Statement
Lisa Silverman provided updates on the following:
– Emergency Repair Program – The State Allocation Board (Board) is approving funding for 489 ERP projects worth $93.4 million for 54 local education agencies. Fund releases will be automatically processed to recipients. $188.5 million was provided for ERP in the 2014 Budget Act, and the remaining funds are expected to be available as early as October.
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State Allocation Board Implementation Committee Holds Meeting to Discuss Seismic Mitigation Program (SMP)
August 12, 2014
In its first meeting since November 2013, the State Allocation Board’s (SAB) Implementation Committee met on Thursday August 7, 2014 to, “…discuss methods of increasing the number of projects advancing through the Seismic Mitigation Program (SMP) approval process that have already received initial Eligibility Approval from the Division of the State Architect (DSA).”
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State Allocation Board Meeting Notes – June 25, 2014
June 30, 2014
Minutes
The minutes from the May 28, 2014 meeting were approved unanimously.
Executive Officer Statement
Lisa Silverman provided updates on the following items:
– Charter School Facilities Program (CSFP) Filing Round: The application round closed on May 30, 2014, and OPSC received 66 applications requesting over $600 million for preliminary apportionments. Continue reading