The California State Treasurer's Office manages affairs related to investments, banking, and finance. They preside over and promote the economic aspects of development, housing, health, education, community investments, small businesses, and environment.
The Charter School Revolving Loan Fund (CSRLF) Program offers low-interest loans of up to $250,000 to charter schools to support their establishment and operation. Emphasizing aid for schools opening in the current fiscal year, this program adapts to serve the most immediate needs in the charter school community with a comprehensive financial support system. This includes credit evaluation, funding recommendations, loan agreement execution, payment scheduling, fund disbursement, loan payment offsets, delinquent or defaulted loan collection, and meticulous fund reconciliation and projection. Transitioned from the California Department of Education to the Authority in the 2013-14 fiscal year, the CSRLF underscores a commitment to facilitating the growth and sustainability of charter schools.
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