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Treasurer's office defends Charter School Facility Grant program as lawmakers raise oversight concerns

Assembly Budget Subcommittee No. 3 on Education Finance · May 5, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The governor proposed a $9.2 million ongoing Proposition 98 increase for the Charter School Facility Grant program. The State Treasurer's Office defended program administration and described audit follow‑ups; lawmakers and union representatives raised concerns about public dollars funding privately held facilities and sought stronger authorizer oversight.

The subcommittee reviewed the governor's proposal to increase ongoing Prop 98 funding for the Charter School Facility Grant (CSFG) program by $9.2 million to cover a cost‑of‑living adjustment and current service level increases.

Ethan Schroeder of the Department of Finance explained the calculation: the program receives a statutory COLA and an adjustment tied to qualifying charter school ADA growth and changes in eligible lease costs. "We take ADA and multiply…

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