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.
May 31, 2016
By Rebekah Cearley
The next State Allocation Board (SAB) meeting is scheduled for Wednesday, June 22, 2016. For a PDF copy of the May 2016 SAB meeting minutes, please click here.
05/22/15
Under existing law, school districts that participate in New Construction and Modernization programs are required to set aside at least 3% of their annual general fund budget for routine maintenance, for 20 years after receiving state funds. Under Budget Flexibility commencing in 2008-09, this requirement was suspended, but is set to return in 2015-16. Predictably, the result was that school maintenance budgets were the first to be cut and the last to be restored, if they have been restored at all. The Governor’s 2015-16 January State Budget and Proposed May Revision both include the return of the RRMA contribution in 2015-16.