Oakland Unified School District: audit fines and penalties.

(1) Existing law provides for emergency apportionments to school districts subject to specified conditions, including, in certain circumstances, the repayment of an emergency loan and the appointment by the Superintendent of Public Instruction of an administrator who would exercise the powers and responsibilities of the governing board of the school district. As a condition of receiving an emergency apportionment, existing law requires the Controller, or his or her designee, to cause an audit to be conducted on the books and accounts of the school district. Pursuant to these provisions, existing law appropriates $100,000,000 from the General Fund to the Superintendent of Public Instruction for purposes of providing the Oakland Unified School District with an emergency loan, and requires the Controller to conduct an audit for the fiscal year in which the loan moneys are disbursed and each fiscal year thereafter. This bill would require the Oakland Unified School District to be released from any requirement to be subject to, or to pay for, fines or penalties imposed as a result of those emergency loan audits for the 2003–04 to 2008–09 fiscal years, inclusive. (2) This bill would make legislative findings and declarations as to the necessity of a special statute for the Oakland Unified School District.