Existing law, the Leroy F. Greene School Facilities Act of 1998, authorizes the State Allocation Board to allocate per-unhoused-pupil state funding to school districts for school facilities new construction and modernization, including hardship, and site acquisition and development assistance.
Existing law establishes the School Facilities Fee Assistance Program for the purpose of providing payments to purchasers or renters of newly constructed low to moderate residential structures to reimburse the purchasers or renters for the costs of certain school facilities fees.
This bill would permit funds in the School Facilities Assistance Fund that have not been utilized for the purposes of the School Facilities Fee Assistance Program after 18 months to be transferred to the School Facilities Energy Conservation Account within the 1998 State School Facilities Fund for the purpose of increasing school district allocations to pay for the costs of school facility energy conservation measures pursuant to this bill. By transferring these funds into a continuously appropriated account, this bill would make an appropriation.
The funds appropriated by this bill would be applied toward the minimum funding requirements of school districts and community college districts imposed by Section 8 of Article XVI of the California Constitution.
This bill would declare that it is to take effect immediately as an urgency statute.