The bill amends existing laws related to K-12 public school facilities in Wyoming, specifically addressing the use of funds generated by the foundation program. It introduces a new subsection (c) to W.S. 21-13-307, which explicitly prohibits school districts from transferring or expending foundation program funds for capital construction, major building repairs, or facility replacements. Additionally, it amends W.S. 21-13-504 to state that any funds transferred to a special reserve fund cannot be used for major building repairs or replacements. This ensures that foundation program funds are strictly allocated for operational expenses and not for enhancements or capital projects.

Furthermore, the bill modifies W.S. 21-15-109(f) to clarify that districts may not use up to ten percent of distributed funds for maintenance of district enhancements, thereby excluding such expenditures from allowable uses. The bill emphasizes the need for districts to prioritize their building and facility repair needs as specified in their facility plans before utilizing any funds for other purposes. The act is set to take effect immediately upon completion of the necessary legislative processes.

Statutes affected:
Introduced: 21-13-307, 21-13-504, 21-15-109