Today the State Allocation Board (Board) deferred action on a proposed regulation to cease accepting applications once bond authority has been exhausted. Approval of this proposal would essentially eliminate the School Facility Program (SFP) for projects outside of Proposition 51 bond authority. New Construction Proposition 51 bond authority is expected to be exhausted by October 2018, and Modernization bond authority is expected to be exhausted by September 2019.
CASH urged the Board to defer action and to thoroughly vet the proposal and its significant impacts. Chair Jacqueline Wong-Hernandez stated that she would like the proposal to come back before the Board in August 2018, and indicated that she intends to involve stakeholders in the review process.