February 12, 2018
The CASH Facility Planners Meeting Update for February 2018 is now available and includes information regarding:
Click here to view the update.
~ CASH staff
CASH is asking the Legislature to increase the size of FY 2018-19 State school bond sales to $3 billion.
We need all CASH members to contact their State Assembly Member and State Senator and request they increase the 2018-19 Proposition 51 bond sales to fund $3.0 billion in school facility projects awaiting action by the State Allocation Board. To find your State Assembly Member and State Senator, please click here.
January 25, 2018
Today the State Allocation Board (Board) met to take action on a number of items, including the annual adjustment to School Facility Program (SFP) grants, the index adjustment for Level I developer fees, approval of $243 million in Charter School Facilities Program Unfunded Preliminary Apportionments, and adoption of a package of various School Facility Program regulation changes. The regulations package included an item to formalize changes to the new construction funding application process, which Coalition for Adequate School Housing (CASH) strongly opposes.
January 10, 2018
The proposed State Budget for 2018-19 was released on January 10 at 10:00 a.m. The following is the statement that relates to school facilities in the proposed 2018-19 State Budget (Page 30):
“Since 1998, voters have approved approximately $44 billion in statewide general obligation bonds to construct or renovate public school classrooms used by the state’s roughly six million K-12 students. Associated General Fund debt services costs are over $2 billion annually. In addition to general obligation bonds, school districts may use developer fees, local bonds, certificates of participation, and Mello Roos bonds to construct additional classrooms or renovate existing classrooms.
January 3, 2018
The CASH Facility Planners Meeting Update for January 2018 is now available and includes information regarding:
Click here to view the update.
~ CASH staff