Coalition for Adequate School Housing

The Coalition for Adequate School Housing (CASH) was formed in 1978 to promote, develop, and support state and local funding for K-12 construction.

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Budget Subcommittees Approve Plan to Delay the Return of Full Maintenance Funding

Posted on May 22, 2015 by CASH

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.

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Posted in Legislation Assembly Budget Subcommittee, Assembly Budget Subcommittee #2 on Education Finance, Governor, Governor May Revision, M&O, May Revision, New Construction and Modernization, Routine Restricted Maintenance Account, RRMA, Senate Budget Subcommittee #1

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