Cal. Code Regs. Tit. 2, § 1859.194 - Career Technical Education Facilities Program Matching Share Requirement
Any funding provided by these regulations, including funding as prescribed in Sections 1859.71.6 and 1859.77.4, shall require an applicant matching share contribution on a dollar-for-dollar basis. The applicant matching share may come from any source including, but not limited to, private industry groups, school districts, county offices of education, and joint powers authorities. Notwithstanding local fund sources previously identified in this paragraph, a grant recipient's local match shall not include funding from any state or federal sources that provide funding for Career Technical Education including, but not limited to the Career Technical Education Incentive Grant Program, the Career Technical Education Pathways Trust Program, the Career Technical Education Initiative and the Perkins Federal Career and Technical Education Grant Program.
If the applicant's available matching share does not equal the grant amount or the matching share is not immediately available, a loan may be made to the applicant. The amount of the loan shall be determined by compliance with (a) below. If the need for a loan is substantiated, it shall be paid over time through loan payments authorized by the Board.
Upon apportionment, the OPSC will prepare a loan agreement on behalf of the Board for the applicant.
Notes
2. Editorial correction of HISTORY 1 (Register 2007, No. 52).
3. Certificate of Compliance as to 7-13-2007 order transmitted to OAL 3-18-2008 and filed 4-29-2008 (Register 2008, No. 18).
4. Amendment of first paragraph and NOTE filed 10-23-2012; operative 10-23-2012 pursuant to Government Code section 11343.4 (Register 2012, No. 43).
5. Amendment of first paragraph filed 11-27-2017 as an emergency; operative 11-27-2017 (Register 2017, No. 48). A Certificate of Compliance must be transmitted to OAL by 5-29-2018 or emergency language will be repealed by operation of law on the following day.
6. Certificate of Compliance as to 11-27-2017 order transmitted to OAL 5-21-2018 and filed 6-21-2018 (Register 2018, No. 25).
7. Amendment of subsection (b)(1) and new subsections (b)(1)(A)-(C) filed 1-24-2019; operative 1-24-2019 pursuant to Government Code section 11343.4(b)(3) (Register 2019, No. 4).
Note: Authority cited: Sections 17070.35, 17078.72(k) and 17078.72(l), Education Code. Reference: Sections 17076.10 and 17078.72, Education Code.
2. Editorial correction of History 1 (Register 2007, No. 52).
3. Certificate of Compliance as to 7-13-2007 order transmitted to OAL 3-18-2008 and filed 4-29-2008 (Register 2008, No. 18).
4. Amendment of first paragraph and Note filed 10-23-2012; operative 10-23-2012 pursuant to Government Code section 11343.4 (Register 2012, No. 43).
5. Amendment of first paragraph filed 11-27-2017 as an emergency; operative 11-27-2017 (Register 2017, No. 48). A Certificate of Compliance must be transmitted to OAL by 5-29-2018 or emergency language will be repealed by operation of law on the following day.
6. Certificate of Compliance as to 11-27-2017 order transmitted to OAL 5-21-2018 and filed
7. Amendment of subsection (b)(1) and new subsections (b)(1)(A)-(C) filed 1-24-2019; operative
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