BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 1476
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          Date of Hearing:   May 20, 2009

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Kevin De Leon, Chair

                      AB 1476 (Cook) - As Amended:  May 6, 2009 

          Policy Committee:                              Education  
          Vote:11-0

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:              No

           SUMMARY  

          This bill authorizes the State Allocation Board (SAB) to extend  
          the repayment period by an additional five years for school  
          districts found to be falsely certifying state school  
          construction funding eligibility or application, if both of the  
          following conditions apply:  

          1)The district has received a negative certification related to  
            its fiscal health from the county office of education (COE).  

          2)The SAB finds that the district has no capital facilities  
            funds available to use for repayment.   

           FISCAL EFFECT  

          Potential loss of state school construction savings, of  
          approximately $2.9 million, in the 2009-10 fiscal year, by  
          authorizing the SAB to extend the repayment schedule for school  
          districts who have found to be falsely certifying state school  
          construction funding eligibility or application.      

           COMMENTS  

           1)Purpose  .  Current law requires the SAB to impose penalties on  
            a school district, if any certified eligibility or funding  
            application related information is found to have been falsely  
            certified by the district, architects, or design  
            professionals.  This occurrence is referred to as "material  
            inaccuracy," which is defined as any falsely certified  
            application that allowed a district an advantage in the  
            funding process (i.e., awarded funds it was not eligible to  








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            receive due to inaccuracies).  Statute also requires the SAB  
            to approve a repayment schedule not to exceed five years.  

            The SAB determined that Val Verde Unified School District  
            (VVUSD) committed material inaccuracy when it failed to  
            disclose certificates of participation (COP), a form of lease  
            purchasing using property as collateral, when it received  
            financial hardship funding from the state school facilities  
            program.  School districts are eligible for financial hardship  
            funding (up to 100% project funding), because they unable to  
            provide local matching funds, as determined by the SAB.  

            In September 2007, the SAB directed VVUSD to repay $11.8  
            million due to a material inaccuracy associated with the  
            failure to disclose COP funds.  This repayment is required to  
            be made within a five year period.  In response to this  
            decision, VVUSD filed a lawsuit against the SAB charging that  
            the state school facilities grant funding is inadequate and  
            therefore, the school district was justified in using COPs  
            funds to calculate the financial hardship costs.  The courts  
            determined that the lawsuit was unjustified.  

            The author states that VVUSD made an initial payment of $3  
            million to the SAB in March 2008.  However, the school  
            district is unable to make its next scheduled repayment of  
            $2.9 million, which was due in March of this year.  According  
            to the author, VVUSD "cannot make the current repayment  
            schedule due to a convergence of fiscal factors that have had  
            a severe impact on the district's budget for the foreseeable  
            future.  The school district board recently self-certified a  
            'negative' 2009-10 budget, based upon state budget criteria  
            that require such a certification if a district is unable to  
            meet its budget obligations over a three-year budget cycle."  

            This bill authorizes the SAB to extend the current repayment  
            period by an additional five years for school districts who  
            have been found to commit material inaccuracy.  

           2)VVUSD  , located in Riverside County, enrolls approximately  
            19,547 pupils in 21 schools.  According to the State  
            Department of Education, the VVUSD received $112.4 million  
            GF/98 in revenue limit funding (general purpose) in 2007-08.  
            This equates to approximately $5,943 per average daily  
            attendance.









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           Analysis Prepared by  :    Kimberly Rodriguez / APPR. / (916)  
          319-2081