School facilities: repayment of penalties assessed against school district for submission of application with material inaccuracies.

Existing law, the Leroy F. Greene School Facilities Act of 1998, establishes a program by which the State Allocation Board allocates state per-pupil funding to school districts for new construction and modernization of school facilities. Existing law requires the board to apportion funds only upon compliance with prescribed standards and requirements. Existing law requires the State Allocation Board to impose certain penalties, to be deposited into the continuously appropriated 1998 State School Facilities Fund, and conditions upon school districts that submit applications with material inaccuracies. A school district against which penalties have been imposed is required to repay to the State Allocation Board, in accordance with a repayment schedule approved by the board, an amount proportionate to the additional amount received as a result of the material inaccuracy, including interest, as specified. This bill would authorize the State Allocation Board to extend the repayment period by an additional period of up to 5 years if the district has received a negative certification from the county office of education pursuant to a designated provision and the board finds that the district has no capital facilities funds available to use for repayment.