_Intervention Process Kern County Superintendent of 国家干预的过程克恩县警长课件.ppt

Inglewood Unified School District State Intervention ? Presented by: Debi Deal, CFE Fiscal Intervention Specialist Anthony L. Bridges, CFE Deputy Executive Officer What State Receivership Means  Cash shortfall requires State Loan, referred to in Ed Code as Emergency Appropriation Urgency Bill, sponsored by local representatives to the State Legislature Requires two thirds vote of each house of the Legislature Requires Governor’s signature Process may take from 4-6 months State InterventionProcess A loan results in the State taking control of the District The degree of state control is determined by the size of the loan relative to the district’s budget Ed. Code Section 41326(a) states that if the loan is less than twice the size of the districts required reserve, a State Trustee is assigned: State Trustee assumes control over the financial aspects of the district State Intervention Process If the size of the loan exceeds twice the size of the district’s required reserve level the following occurs: School Board loses its authority and becomes advisory (E.C. 41326(c)(1) Superintendent is no longer employed (E.C. 41326(c)(2) State administrator is assigned and assumes all powers of the Board and Superintendent State Intervention Process State loan (Principal Interest) is typically set up and repaid over twenty year period Trustee or Administrator – state control remains until the entire balance of the loan is paid Trustee or Administrator- both report directly to the Superintendent of Public Instruction not the local board or community State Intervention Process Sizing of the State Loan Loan is sized to accommodate the anticipated shortfall in cash over the life of the loan to meet financial obligations All costs of ensuring fiscal recovery will become the responsibility of the district and are added to the amount of the state loan (E.C. 41328) Cost of fiscal recovery when a State Administrator is assigned: Total compensation cost for t