At its November 2014 meeting, the State Allocation Board (SAB) provided unfunded Preliminary Charter School Apportionments (PCSAs) totaling $89.9 million dollars to the successful applicants of the Charter School Facilities Program (CSFP) funding round. Applications were accepted from April 1, 2014 through May 30, 2014. The Office of Public School Construction (OPSC) received a total of 59 eligible applications totaling $656.5 million for consideration. Because the value of the eligible applications exceeded the $89.9 million available for providing preliminary apportionments, a preference points system and funding matrix were used, as provided for in law. Information on how preference points are assigned and how projects are ranked can be found in the Preference Points and Funding Matrix Guidelines (PDF).
Applications not initially awarded a preliminary apportionment remained eligible to receive a preliminary apportionment for eight months following the November 2014 meeting, in the event that bond authority returned to the CSFP. As of July 24, 2015, an additional $37.3 million returned to the CSFP providing for nine additional PCSAs. The last PCSA was awarded at the December 2015 meeting. Any remaining unfunded applications were returned to the applicants. A final list of charter schools that received PCSAs during this round can be found here.
OPSC is not currently accepting new applications for PCSAs and a future application round has not been approved by the SAB.