State Legislation - SB 533 and AB 1840
SB 533 - Frequently Asked Questions
What is SB 533 and how does it impact the Inglewood Unified School District?
SB 533 is the legislation that provided emergency apportionments to the Inglewood Unified School District in 2012. The text of the legislation stipulates certain conditions, including that the emergency loan must be repaid in no more than 20 years and that the Superintendent of Public Instruction would appoint an administrator who would exercise the powers and responsibilities of the governing board of the school district.
What actions does the bill outline for IUSD?
The bill also stipulates the completion of assessment and improvement plans for the school district, including an annual comprehensive review conducted by the Fiscal Crisis and Management Assistance Team (FCMAT). The bill additionally requires Inglewood Unified School District to bear 100% of the costs associated with the implementation of the FCMAT comprehensive review.
The bill appropriates $29,000,000 from the General Fund as an emergency loan to the Inglewood Unified School District and specifies the procedures for repayment of the loan.
When was SB 533 enacted?
SB 533 was approved by the Governor and filed with the Secretary of State on September 14, 2012.
Where can I learn more about SB 533?
AB 1840 Legislation - Frequently Asked Questions