SFP: Financial Hardship

General Information
Financial Hardship assistance is available for those districts that cannot provide all or part of their share of a School Facility Project. Education Code Section 17075.10 and California Code of Regulations Section 1859.81 require a district to have made all reasonable efforts to impose all levels of local debt capacity and development fees prior to requesting financial assistance. This page contains the information regarding the current financial hardship approval process.

The information listed below is provided to assist districts in determining eligibility for Financial Hardship assistance and in compiling the documentation necessary to submit a complete Financial Hardship Application.

• Application for Funding (Form SAB 50-04)
  Once the financial hardship application is approved by the OPSC, the district may then file a Form SAB 50-04. These applications will be presented to the State Allocation Board (SAB) for funding, in order of date received, when the application is deemed complete by the OPSC Project Manager.

• Financial Hardship Information (PDF)
  This document contains the criteria the district must meet to qualify for Financial Hardship and the information that must be submitted to the OPSC Audit Team for review.

• Financial Hardship Phase I - Checklist (School District and County Office of Education)
  This is a checklist of the information and documentation required by districts and COE's for a Phase I Financial Hardship review.
• School District Financial Hardship Phase II - Checklist
  This is a checklist of the information and documentation required by a school district for a Phase II Financial Harship review.
• County Office of Education Financial Hardship Phase II - Checklist
  This is a checklist of the information and documentation required by a County Office of Education for a Phase II Financial Hardship review.
• Financial Hardship Project Worksheet (PDF)
  This worksheet is used by OPSC Audit Staff to estimate the district's share of the project. The district must submit a separate Financial Hardship Project Worksheet for each project for which it is requesting financial assistance.

• Financial Hardship Fund Worksheet (Excel)
  This worksheet is used to determine the amount of the cash contribution to be provided by the district.

• Financial Hardship Worksheet Instructions (PDF)
  This is the instructions for use of the above worksheet.

• Questions Regarding Financial Hardship Expiring (PDF)

Contacts
If you have any questions or need assistance regarding financial hardship, please contact the following individuals:

• Ms. Lisa Silverman, Operations Manager of Fiscal Services, at 916.322.0264
• Mr. Jason Hernandez, Audit Supervisor, at 916.324.4687