Agency: School Building Programs

Function

The School Building Program contains the following components:

• The Capital Outlay Foundation Program;
• The Capital Outlay Enrollment Growth Program; and
• The School Building Revolving Account.

Statutory Authority

Statutes governing the School Building Program are found in UCA 53A-21-101 to 53A-21-401. The following bullets highlight the key statutory provisions.

• UCA 53A-21-201& 202 -- establishes the Capital Outlay Foundation Program and details the distribution formulas.

• UCA 53A-21-301 & 302 -- details the qualifications for school district participation in the enrollment growth program. The statute also details a formula to distribute appropriated revenues.

• UCA 53A-21-401 -- provides statutory provisions governing the School Building Revolving Account and details the qualifications for districts to meet in order to benefit from the program. School districts must contract with the State Superintendent to repay monies received from the account and levy a tax sufficient to guarantee annual loan repayments.

The State Board's Administrative Rule R277-451 provides administrative procedures associated with the governance of the School Building Program.

Funding Detail

For more detail about a particular source of finance or organizational unit, click a linked entry in the left column of the table(s) below.

Table 1: Operating and Capital Budget Including Expendable Funds and Accounts