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§ 10200.13. Content of Application.

4 CA ADC § 10200.13Barclays Official California Code of RegulationsEffective: May 1, 2023

Barclays California Code of Regulations
Title 4. Business Regulations
Division 15. California School Finance Authority
Article 5. Charter Access to Bank Loan Enhancement (Charter Able) Program
Effective: May 1, 2023
4 CCR § 10200.13
§ 10200.13. Content of Application.
Currentness
(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.

Credits

Note: Authority cited: Sections 17179 and 17180, Education Code. Reference: Section 17180, Education Code.
History
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).
This database is current through 4/19/24 Register 2024, No. 16.
Cal. Admin. Code tit. 4, § 10200.13, 4 CA ADC § 10200.13
End of Document