53A-21-301. Capital Outlay Enrollment Growth Program -- Definitions.
(1) There is created the Capital Outlay Enrollment Growth Program to provide capital
outlay funding to school districts experiencing net enrollment increases.
(2) As used in this part:
(a) "Average annual net enrollment increase" means the quotient of:
(i) (A) enrollment in the current year, based on October 1 enrollment counts; minus
(B) enrollment in the year three years prior, based on October 1 enrollment counts;
divided by
(ii) three.
(b) "Eligible district" or "eligible school district" means a school district that:
(i) has an average annual net enrollment increase; and
(ii) has a prior year property tax base per student that is less than two times the prior year
statewide average property tax base per student.
Enacted by Chapter 236, 2008 General Session
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Last revised: Thursday, May 28, 2009