Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a)
Applicants seeking grant funds must submit to the Authority all of the following:
(1) Charter ABLE Program Application.
(2) A detailed description of the project costs to
be enhanced with the award.
(3) A
detailed timeline of the project's relevant milestones.
(4) Copy of current charter agreement and
verification of the expiration date.
(5)
Verification the Charter School is in good standing with its Chartering Authorizer
and in compliance with the terms of its charter.
1.
Such verification must be provided directly from the Chartering Authorizer on CSFA
Form 1119 as incorporated by reference in Title 4 section
10170.17(j) of the
California Code of Regulations.
2.
Charter Schools may appeal any response by the Chartering Authorizer's
staff-directly to the Chartering Authorizer's governing board.
3. It shall be the Charter School's
responsibility, and not the Authority's, to ensure that the good standing and
compliance response letter is received by the stated
deadline(s).
(6) A completed
legal status questionnaire CSFA Form 07-04 as incorporated by reference in Title 4
Section 10200.5(a)(7) of the
California Code of Regulations.
(7)
Evidence that the Charter School operates as, or is operated by, a nonprofit public
benefit corporation formed and organized pursuant to the Nonprofit Public Benefit
Corporation Law (Part 2 (commencing with section 5110) of Division 2 of Title 1 of
the Corporations Code), or is organized under section
501(c)(3) of the
Internal Revenue Code or other evidence, satisfactory to the Authority, that the
school operates on a nonprofit basis.
(8) Adopted budget for the current year.
(9) Projected budgets for the next three
years.
(10) Audited financial statements
for the last three years, if applicable.
(11) Three year historical enrollment figures
including retention rates.
(12)
Five-year projected enrollment figures including retention rates.
(13) Documentation that the Applicant holds title
or other interest in the financed facility, including right of access.
(14) Any additional information that the Authority
deems necessary to evaluate the Application.
1. New section
filed 3-21-2022 as an emergency; operative 3-21-2022 (Register 2022, No. 12). A
Certificate of Compliance must be transmitted to OAL by 9-19-2022 or emergency
language will be repealed by operation of law on the following day.
2.
New section refiled 9-21-2022 as an emergency; operative 9-21-2022 (Register 2022,
No. 38). A Certificate of Compliance must be transmitted to OAL by 12-20-2022 or
emergency language will be repealed by operation of law on the following
day.
3. New section refiled 12-19-2022 as an emergency; operative
12-21-2022 (Register 2022, No. 51). A Certificate of Compliance must be transmitted
to OAL by 3-21-2023 or emergency language will be repealed by operation of law on
the following day.
4. Certificate of Compliance as to 12-19-2022 order
transmitted to OAL 3-17-2023 and filed 5-1-2023 (Register 2023, No. 18).
Note: Authority cited: Sections 17179 and 17180, Education Code.
Reference: Section 17180, Education Code.
