§ 49465 Private Sector Funding Requirement

Key Takeaways

•This law only starts working when there's enough money from private companies and the state to pay for everything it requires.
•California State University has to tell everyone involved (like schools and other agencies) when there's enough money to start.
•No school has to join the program unless they get paid back for all their costs.
•The state will only add money up to $120,000 per year, and only after private companies have given enough money first.

Example

Imagine your school wants to start a new after-school program, but it needs money to run it.

The program can only start if there's enough money from donations and the school district. The school won't have to pay for anything out of its own pocket. If there isn't enough money, the program waits until there is.

(a) The agencies enumerated in Section 49460 shall only be required to implement this article upon the availability of funds received from the private sector and state funds appropriated for the purposes of this article in a total amount sufficient to cover all costs relating to the implementation and continuing administration of this article. (b) The California State University shall notify all participating entities, including school districts, the State Department of Education, the State Department of Health Services, the State Department of Social Services, and the University of California when sufficient funds are available to meet the requirements specified in subdivision (a). (c) All funds received from the private sector under this article shall be deposited in the State Treasury and are continuously appropriated to the California State University, which shall allocate those funds to participating agencies to reimburse those agencies for costs incurred in carrying out this article. The amounts allocated to the State Department of Education shall include amounts sufficient to reimburse participating school districts for any costs incurred pursuant to this article. (d) No school district shall be required to participate in the assessments unless it is reimbursed from those funds for all costs incurred pursuant to this article. (e) It is the intent of the Legislature that each fiscal year funds be appropriated to the California State University for the purposes of this article in an amount equal to the private sector funds received for those purposes for the relevant fiscal year, up to a maximum of one hundred twenty thousand dollars ($120,000) in state funds in any fiscal year. Under no circumstances shall state funds appropriated for the purposes of this article be apportioned in any fiscal year until the private funds necessary to fully fund the assessment required by this article have been received. (f) Reimbursements pursuant to this section shall be limited to the amounts and purposes specified in the collaborative agreement described in Section 49460. (Amended by Stats. 1997, Ch. 430, Sec. 5. Effective January 1, 1998.)

Key Takeaways

•This law only starts working when there's enough money from private companies and the state to pay for everything it requires.
•California State University has to tell everyone involved (like schools and other agencies) when there's enough money to start.
•No school has to join the program unless they get paid back for all their costs.
•The state will only add money up to $120,000 per year, and only after private companies have given enough money first.

Example

Imagine your school wants to start a new after-school program, but it needs money to run it.

Key Takeaways

Example

Key Terms

References

§ 49465 Private Sector Funding Requirement

Key Takeaways

Example

Key Terms

References

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References