school facilities board;
capital
DPAS/E |
Committee on Appropriations |
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DPA S/E |
Caucus and COW |
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DP |
Third Read |
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X |
As Passed the House |
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HB 2519 clarifies that school district can not use Building Renewal Fund monies for soft capital items and requires districts to use all available Deficiencies Correction Fund monies prior to using monies from the Building Renewal Fund.
The ASDB was established in 1912 to educate children with hearing or vision loss in Arizona. It exists as a non-profit state agency and is accredited by the North Central Association.
The SFB was established as a part of Students FIRST (Fair and Immediate Resources for Students Today) to administer the State’s capital facilities plan for school districts. Monies are transferred annually by the State Treasurer to the SFB. Arizona public school districts receive funding for the correction of deficiencies in existing school facilities, building renewal and new school construction, while maintaining the ability to raise local funds through limited bonding and capital overrides. Since the ASDB is not classified as a school district, funds available through Students FIRST for deficiencies correction, building renewal and new construction are not available to the ASDB. The strike-everything amendment to HB 2519 allows the ASDB to qualify for Students FIRST monies through the SFB.