Can funds be transferred to the Pupil Retention Block Grant?
Yes, funds may be transferred to the Pupil Retention Block Grant with the following limitations: • The total funding received for any fiscal year for this Block Grant after transfers may not exceed 120 percent of the amount of state funding allocated to the local educational agency for the Block Grant for the same fiscal year. • Prior to the expenditure of transferred funds, the local educational agency’s governing board is required to hold a noticed public meeting to discuss the matter. • Local educational agencies must track transfers in and transfers out of the block grants. Assembly Bill 831, Chapter 118, Statutes of 2005 was recently enacted, striking the requirement in Assembly Bill 825 that Object Code 8998 be used to track the transfers. Please use Object Code 8995 to track the transfers into the Pupil Retention Block Grant. • If a district was basic aid in 2003-04 and/or 2004-05 and chose to take its statutorily required categorical funding reduction in a program that is inclu
