; CALIFORNIA STATE LOANS TO SCHOOL DISTRICTS AB 1200 1991 to 2007 District Amount of Date of State Administrato
Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out
Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

CALIFORNIA STATE LOANS TO SCHOOL DISTRICTS AB 1200 1991 to 2007 District Amount of Date of State Administrato

VIEWS: 19 PAGES: 4

School Loans document sample

More Info
  • pg 1
									                              CALIFORNIA STATE LOANS TO SCHOOL DISTRICTS
                                            AB 1200 (1991 to 2007)
District           Amount of    Date of State Administrator    Legal     Amount Paid                      Pay Off    Outstanding
                   State Loan   Issue   State Trustee          Authority Including                        Date       Balance
                                                                         Principal &
                                        *See Page 4 for detail           Interest
Vallejo City       $50,000,000    6/23/04    Administrator 6/22/04-      SB 1190, Ch   $8,736,861         6/24/24    $43,415,350
Unified                                      Present                     53/04         ($2,912,287                   as of June ‘07
                   $10,000,000    5/29/07                                              annual payment)    6/24/24    $10,000,000
                   $60,000,000                                                                                       as of June ‘07
Oakland Unified    $65,000,000    6/4/03     Administrator 6/16/03-      SB 39,        $15,562,136        6/29/23    $53,765,438
                                             Present                     Ch 14/03      ($3,890,534                   as of June ‘07
                   $35,000,000    6/28/06                                              annual payment)               $33,527,397
                                                                                       $2,094,903         6/29/26
                   $100,000,000                                                                                      as of June ‘07
                                                                                       (annual payment)
West Fresno         $1,300,000    12/4/03    Administrator 3/19/03-      AB 38,        $432,585           12/30/13   $935,745
Elementary SD      ($2,000,000               Present                     Ch 1/03       ($144,195                     as of June ‘07
                   authorized)                                                         annual payment)
Emery Unified        $1,300,000   9/21/01    Administrator 8/7/01-       AB 96,        $486,365           9/30/21    $1,067,284
                   ($2,300,000               6/30/04; Trustee 7/1/04 -   Ch 135/01     ($97,273 annual               as of June ‘07
                   authorized)               Present                                   payment)
Compton Unified      $3,500,000    7/19/93   Administrators 7/93-        AB 657, Ch    $24,358,061        6/30/01     -0-
                     $7,000,000   10/14/93   12/10/01, Trustee           78/93
                    $ 9,451,259    6/29/94   12/11/01-6/13/03            AB 1708, Ch
                   $19,941,259                                           924/93
Coachella Valley     $5,130,708   6/16/92    Administrators 5/26/92-     SB 1278,      $9,271,830         12/20/01    -0-
Unified              $2,169,292   1/26/93    9/30/96; Trustee 10/1/96-   Ch 59/92
                     $7,300,000              12/20/01
Richmond/            $2,000,000   8/1/90     Pre-AB 1200 Trustee         AB 1202, Ch   $32,450,003        2/1/18     $14,290,742
West Contra          $7,525,000   1/1/91     7/1/90-5/1/91; Adminis-     171/90        ($1,421,602                   as of June ‘07
                   $19,000,000    7/1/91     trator 5/2/91-5/3/92;       Superior      annual payment
Costa
                   $28,525,000               Trustee 5/4/92 to Present   Court Order   2006-2018)
Page 2 of 4

                               CALIFORNIA STATE LOANS TO SCHOOL DISTRICTS
                                           PRE-AB 1200 (1984-1991)
District            Amount of     Date of State Administrator  Legal Authority   Amount Paid   Outstanding
                    State Loan    Issue   State Trustee                                        Balance
West Covina Unified $3,300,000    86-87   Trustee, 1987-1992   CH 34, 1987       Paid           -0-
Val Verde Unified     $500,000    86-87   Trustee, 1987-1989   CH 34, 1987       Paid           -0-
Berkeley Unified    $3,000,000    86-87   Trustee 11/12/86 -   CH 1258,1986      Paid           -0-
                                          11/21/90
Alameda City USD      $223,130    84-85   N/A                  CH 46, 1984       Paid           -0-
Alameda COE           $419,760
Albany City USD        $10,600
Amador Valley HSD      $40,280
Castro Valley USD      $98,580
Emery USD               $9,540
Fremont USD           $533,710
Hayward USD           $598,900
Livermore ValleySD    $313,230
Murray Elem SD        $121,370
Newark USD            $201,400
New Haven USD         $270,830
Oakland USD         $1,847,050
Piedmont City USD      $10,070
Pleasanton Elem SD    $108,120
San Leandro USD       $190,270
San Lorenzo USD       $297,860
Sunol Glen Elem SD      $5,300

              Total:   $5,300,000
Page 3 of 4
                                CALIFORNIA STATE LOANS TO SCHOOL DISTRICTS
                                           PRE-AB 1200 (1979 to 1984)

District              Amount of       Date of   State Administrator    Legal Authority   Amount Paid   Outstanding
                      State Loan      Issue     State Trustee                                          Balance
Brea-Olinda Unified     $350,000      84-85     N/A                    CH 556, 1984      Paid           -0-
Pacific Grove         $1,800,000      84-85     N/A                    CH 61, 1984       Paid           -0-
Emery Unified           $600,000      83-84     N/A                    CH 38, 1983       Paid           -0-
Val Verde Elem.         $ 96,000      83-84     N/A                    CH 171, 1983      Paid           -0-
Westwood Unified        $ 80,000      83-84     N/A                    CH 171, 1983      Paid           -0-
Stockton Unified       $4,700,000     82-83     N/A                    CH 318, 1982      Paid           -0-
                      ($6,725,000
                      authorized)
Fullerton JUHSD         $900,000      79-80     N/A                    CH 253, 1979      Paid           -0-

Information Compiled by Fiscal Crisis and Management Assistance Team (FCMAT)
Data provided by California Department of Education, Fiscal Services Division
Updated June 2007
Page 4 of 4            AB 1200 STATE ADMINISTRATOR/TRUSTEE HISTORY (1991 – Present)
District                       State Administrator/ Name              Dates of Assignment
                               State Trustee
Vallejo City Unified           Administrator                  Dr. Richard Damelio    6/22/05 – Present
Oakland Unified                Administrator                  Dr. Randolph Ward      6/16/03 – 8/11/06
                                                              Dr. Kimberly Statham   8/14/06 – Present
West Fresno El SD              Administrator                  William Griffin        3/19/03 – 6/8/05
                                                              D. Kent Ashworth       6/9/05 – Present
Emery Unified                  Administrator                  Henry Der              8/7/01 – 11/14/03
                               Administrator                  John Quinn             11/17/03 – 6/30/04
                               Trustee                        John Quinn             7/1/04 – Present
Compton Unified                Administrator                  Stanley Oswald         7/2/93 – 2/3/94
                               Interim Superintendent         Harold Cebrum          7/94 – 6/96
                               Administrator                  Jerome Harris          2/4/94 – 3/11/96
                               Administrator                  Dr. Dhyan Lal          3/11/96 – 7/7/96
                               Administrator                  Richard Whitmore       7/17/96 – 11/96
                               Administrator                  Dr. Randolph Ward      11/96 – 12/11/01
                               Trustee                        Dr. Randolph Ward      12/11/01 – 6/13/03
                               Superintendent                 Dr. Jesse Gonzales     8/27/01 – 7/30/07
Coachella Valley Unified       Administrator                  Andrew Viscovich       5/26/92 – 10/16/92
                               Acting Administrator           Stu Greenfeld          10/19/92 – 8/18/93
                               Administrator                  Stu Greenfeld          8/19/93 – 3/8/96
                               Administrator                  Michael Keebler        3/9/96 – 9/30/96
                               Trustee                        Michael Keebler        10/1/96 – 12/15/01
Richmond/West Contra Costa     Trustee                        Dr. Fred Stewart       7/1/90 – 4/91
                               Administrator                  Dr. Fred Stewart       5/91 – 5/92
                               Trustee                        Dr. Fred Stewart       5/92 – 1/31/07
                               Trustee                        Linda Grundhoffer      1/01/07 - Present
Information Compiled by Fiscal Crisis and Management Assistance Team (FCMAT)
Data provided by California Department of Education, Fiscal Services Division
Updated June 2007

								
To top
;