DISTRIBUTION SPREADSHEET LOCATION
POOL NAME
DESCRIPTION
Risk Pool
Column I
It is the intent of the CAHELP Governance Council to provide sufficient revenue to support legal and compliance related expenditures. This fund will maintain a targeted reserve of at least $250,000 or 5% of the annual Base Apportionment, whichever is greater. Contributions to the Risk Pool are calculated as follows: • For charters NOT considered “high risk,” the contribution will be set at 5% of the Charter LEA’s Base Allocation beginning the first year. • For Charter LEAs deemed “high risk” by the CEC and the CAHELP Governance Council, the adjustment amount will be calculated based on the following scale: 1st year in “high risk” status: 6% 2nd year in “high risk” status: 7% 3rd year in “high risk” status: 8% Refer to Appendix A - Risk Pool Flow Chart for details regarding the levels of “high risk” status. The DMCS Risk Pool has been developed by the CEC to provide revenue for costs in the following designated areas: 1. Legal/due process/fair hearing expenditures for both the DMCS and a Charter LEA’s legal counsel related to compliance findings and due process hearings when approved procedures have been followed. Such expenditures do not include the cost of
Chapter 10 – Fiscal Allocation Plan, Charter SELPA
Page 8
As of 04/06/2018
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