2011 Utah Code
Title 53A State System of Public Education
Chapter 21 Public Education Capital Outlay Act
Section 201 Capital Outlay Foundation Program -- Creation -- Definitions.

53A-21-201. Capital Outlay Foundation Program -- Creation -- Definitions.
(1) There is created the Capital Outlay Foundation Program to provide capital outlay funding to a school district based on a district's local property tax effort and property tax yield per student compared to a foundation guarantee funding level.
(2) As used in this part:
(a) "Foundation guarantee level per ADM" means a minimum revenue amount per ADM generated by the base tax effort rate, including the following:
(i) the revenue generated locally from a school district's combined capital levy rate; and
(ii) the revenue allocated to a school district by the State Board of Education in accordance with Section 53A-21-202.
(b) "Qualifying school district" means a school district with a property tax yield per ADM less than the foundation guarantee level per ADM.
(3) "Small school district" means a school district that has fewer than 1,000 pupils in average daily membership.