2005 Idaho Code - 33-1019 — ALLOCATION FOR SCHOOL BUILDING MAINTENANCE REQUIRED

                                  TITLE  33
                                  EDUCATION
                                  CHAPTER 10
                            FOUNDATION PROGRAM --
                          STATE AID -- APPORTIONMENT
    33-1019.  ALLOCATION FOR SCHOOL BUILDING MAINTENANCE REQUIRED. (1) School
districts shall annually deposit to a school building maintenance fund moneys
from any source available to the district equal to at least two percent (2%)
of the replacement value of school buildings, less the deposit of state funds
as provided in this section. The state shall annually provide funds to be
deposited into the school building maintenance fund as follows:
    (a)  Divide one (1) by the school district's value index for the fiscal
    year, as calculated pursuant to section 33-906B, Idaho Code; and
    (b)  Multiply the result by one-half of one percent (0.5%) of the
    replacement value of school buildings.
    (c)  For purposes of the calculation in this subsection (1), public
    charter schools shall be assigned a value index of one (1).
    (2)  State funds shall be appropriated through the educational support
program/division of facilities, and disbursed from the school district
building account. The order of funding sources used to meet the state funding
requirements of this section shall be as follows:
    (a)  State lottery funds distributed pursuant to section 33-905(2), Idaho
    Code;
    (b)  If state lottery funds are insufficient to meet the state funding
    requirements of this section, then other state funds available pursuant to
    section 33-905(3), Idaho Code, shall be utilized; and
    (c)  If the funds in paragraphs (a) and (b) of this subsection (2) are
    insufficient to meet the state funding requirements of this section, then
    funds available pursuant to section 33-1018B, Idaho Code, shall be
    utilized.
    (3)  Moneys in a school district's school building maintenance fund shall
be used exclusively for the maintenance and repair of school buildings, and
shall be utilized, first, to abate serious or imminent safety hazards, as
identified pursuant to chapter 80, title 39, Idaho Code. Unexpended moneys in
a school district's school building maintenance fund shall be carried over
from year to year. The replacement value of school buildings shall be
determined by multiplying the number of square feet of building floor space in
school buildings by eighty dollars ($80.00). The joint finance-appropriations
committee shall annually review the replacement value per square foot when
setting appropriations for the educational support program, and may make
adjustments to this figure as necessary. School districts shall submit the
following to the state department of education by not later than December 1:
    (a)  The number of square feet of school building floor space; and
    (b)  The funds and fund sources deposited into the school district's
    school building maintenance fund and the fund balance carried forward from
    the prior fiscal year; and
    (c)  The projects on which moneys from the school district's school
    building maintenance fund were expended, and the amount and categories of
    expenditures from the fund; and
    (d)  The planned uses of moneys in the school district's school building
    maintenance fund.
The state department of education shall transmit a summary of such reports to
the legislature by not later than January 15 of the following year.
    (4)  For the purposes of this section:
    (a)  "School building" means buildings that are owned by the school
    district or leased by the school district through a lease-purchase
    agreement and are occupied by students.
    (b)  "School district" means a school district or public charter school.