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Consultants outline Prop 2 funding paths and pool project options; Fallbrook High has $8M unfunded approval
Summary
Gain Consulting briefed trustees on state facilities funding streams under Proposition 2, including small-district set-asides and facility-hardship fast-track options; consultants said Fallbrook High has an $8 million unfunded modernization approval and that pool repairs could qualify for facility-hardship processing.
District consultants delivered a detailed briefing on state facilities funding opportunities and timelines following passage of Proposition 2. They told the board that Proposition 2 set aside $8.5 billion for TK-12 facilities statewide and established small-district allocations (about $330 million for new construction and $400 million for modernization) to reduce long wait times for project funding.
Consultants explained the difference between modernization, new construction and facility-hardship funding streams overseen by the Office of Public School Construction (OPSC) and the State Allocation Board (SAB).…
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