1 / 25

HOT TOPICS for the April 28, 2010 State Allocation Board Meeting

HOT TOPICS for the April 28, 2010 State Allocation Board Meeting. Presented By. Status of Fund Releases. General Obligation Bond (April 2009 Sale). General Obligation Bond/Proposition 1D (March 2009 Sale). General Obligation Bond (October Sale) and Commercial Paper (November).

ariane
Télécharger la présentation

HOT TOPICS for the April 28, 2010 State Allocation Board Meeting

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. HOT TOPICSfor the April 28, 2010 State Allocation Board Meeting Presented By

  2. Status of Fund Releases General Obligation Bond (April 2009 Sale) General Obligation Bond/Proposition 1D (March 2009 Sale) General Obligation Bond (October Sale) and Commercial Paper (November) * Reflects posting to reduce administrative cost for2010-2011 fiscal year. Administrative cost will be determined in Governor’s 2010-2011 Budget Act.

  3. Status of Fund Releases General Obligation Bond (November Sale) and Commercial Paper (December) The projects activated at the February 24, 2010 SAB will be processed from the proceeds received in November and December 2009. The tax certification was submitted to the State Treasurer’s Office on March 10, 2010 and completed by the Treasurer’s on April 15 and 19th, 2010. General Obligation Bond (March 2010 Sale) Projects that will be activated for these funds are currently being determined.

  4. Status of Fund Releases * Previously June showed accumulations of three months of fund releases (April, May and June). Starting April 2010 SAB the bar is broken down into three separate months.

  5. Status of Fund Releases

  6. Consent Specials Charter School Facilities ProgramAgreements—Additional Versions

  7. Specials/Appeals Priorities in Funding

  8. Specials/Appeals School Facility Program Activation of Unfunded Approvals

  9. Specials/Appeals Bond proceeds received from sales must be allocated according to the restrictions placed on the use of those funds.

  10. Specials/Appeals The OPSC has requested direction from the SAB on prioritizing the remaining $415.8 million for additional apportionments.

  11. Reports High Performance Incentive Grant Funding

  12. Emergency Item Office of Public School Construction Earthquake Relief Measures

  13. What’s New At the DSA Bin Time Statistics: • Bin Time = project plans awaiting review • Bin Time reduced from 12 to 5 weeks in 30 days • Continued efforts at maintaining bin time reduction • Current average: 4.4 weeks

  14. Average Bin Time (in weeks)

  15. What’s New At the DSA Plan Review Updates: Projects in the bin 1-21-2010: 285 Received through 4-23-2010: 513 TOTAL: 798 projects Incomplete Submittals: 279 projects 35% of total Average days before missing documents were submitted : 47 days

  16. What’s New At the DSA Prioritization of Plan Reviews: • One-year anniversary of DSA policy • Prioritization of plan reviews for Category 1 & Category 2 projects • DSA may review progress of projects: did construction begin in time specified? • DSA may check OPSC records: did Category 1 projects seek State funding?

  17. What’s New At the DSA Prioritization of Plan Reviews (cont.): Plans to improve the process: • Revised Form DSA-10 & Bulletin • Clarified Instructions • Extended time to begin construction • Notice to Proceed required to determine construction start date

  18. What’s New At the DSA Seismic Mitigation Program Outreach: • Funding for structural evaluations of buildings identified as eligible • DSA review of historic plan documents to confirm building eligibility • Continued direct communication with districts with buildings eligible for replacement/retrofit

  19. Seismic Safety and Calexico Schools. Seismic Performance in the April 4th 2010 Mexicali Earthquake The Division of the State Architect April 2010

  20. Enrique Camarena Jr. HS 4/5/2010 20 20

  21. Rockwood Elementary 4/5/2010 21

  22. Jefferson Elementary 4/5/2010 22

  23. Kennedy Gardens Elementary 4/5/2010 23

  24. Dool Elementary 4/5/2010 24

  25. Cesar Chavez Elementary 4/5/2010 25

More Related