Bill > S1064

This bill modifies the rules for school districts seeking funds from the Special Facility Construction Account, a fund established to help districts with urgent construction needs that cannot meet them with their current capital outlay revenue. Key changes include prohibiting districts from receiving funding if they have outstanding participation requirements, requiring enrollment estimates to be determined by specific estimating conferences, and mandating that the total cost per student station must now include certain cost overruns, unless they are due to a declared disaster or an unforeseeable circumstance. Additionally, the bill requires school districts to levy the maximum allowable millage (a local property tax) or raise equivalent revenue from a school capital outlay surtax for a specified period before and during the funding request, with specific timelines and requirements for when this levy must begin and how much of the district's revenue can be budgeted towards the project. The bill also clarifies the composition and leadership of the Special Facility Construction Committee and sets a deadline for the preapplication review of proposed projects.