ARIZONA STATE SENATE
Phoenix, Arizona
schools; building renewal;
age calculation
Expands the allowable use of
building renewal monies to include the relocation and placement of portable and
modular buildings.
Current statutes do not
allow a school district to use building renewal monies for the relocation or
placement of portable and modular buildings. Rather, school districts must rely
on bond proceeds, maintenance and operation monies or capital outlay revenue
override monies. Two of these funding
sources, bond proceeds and capital outlay revenue overrides, must be voter
approved and not all school districts have the same level of funding.
H.B. 2456 additionally deals
with the calculation of a building’s age for purposes of distributing building
renewal monies. Calculation of a
building’s age can result in a negative number if the cost of renovations is
greater than a building’s estimated value. A building that receives a negative
number classification from the School Facilities Board must wait approximately
seven years before becoming eligible for building renewal monies, according to
the School Facilities Board. H.B. 2456
requires a building that receives a negative number classification be
reclassified as zero in order for these schools to be considered more
expeditiously for building renewal monies.
This legislation has an
impact of approximately $30,300 on the state general fund in FY 2001-2002,
according to the Joint Legislative Budget Committee staff.
1.
Allows
school districts to use building renewal monies for the relocation and
placement of portable and modular buildings.
2.
Specifies
that when the age calculation of a building results in a negative number, the
age of the building shall be classified as zero.
3.
Provides
for a general effective date.
EDUC 1/19/00 DP 12-0-0-0-0
3rd Read 2/1/00 59-0-1-0
Prepared by Senate Staff
February 29, 2000