The bill amends Sections 33-909 and 33-911 of the Idaho Code to enhance the Public School Facilities Cooperative Funding Program and the School District Facilities Fund. It introduces new eligibility criteria allowing school districts that have not approved bond or plant facility levies for repairs in the past two years, or those needing additional funds beyond what was raised, to apply for financial assistance. The oversight of the funding program panel is shifted from the state board of education to the state department of education, and a clearer process for project approval and funding allocation is established. The distribution of funds will prioritize payments for existing school bonds and costs associated with the funding program, with allocations based on average daily attendance and exemptions for emergencies.

Additionally, the bill creates a framework for school districts to manage funds for future facility needs, ensuring that any funds received are deducted from property tax levies to prevent double charging taxpayers. It mandates reporting on the amount received and its intended use in budget certifications and property tax notices. The Idaho School for the Deaf and the Blind is included in this funding framework. Furthermore, the bill provides financial support for districts that would have qualified for bond levy equalization support for bonds passed before January 1, 2024, with distributions for fiscal years 2025 and 2026. An emergency clause is included, making certain sections effective immediately upon passage, while others will take effect on July 1, 2025.

Statutes affected:
Bill Text: 33-909, 33-911