|
shall be computed using its grades 9
through 12 average daily |
attendance figure. A unit school district's Category
II
grant |
index shall be used for projects or portions of projects |
constructed
for high school pupils.
The changes made by this |
amendatory Act of the 92nd General Assembly apply
to all grants |
made on or after the effective date of this amendatory Act,
|
provided that for grants not yet made on the effective date of |
this amendatory
Act but made in fiscal year 2001 and for grants |
made
in fiscal year 2002, the grant index for a school district |
shall be the
greater of (i) the grant index as calculated under |
this Law on or after the
effective date of this amendatory
Act |
or (ii) the grant index as calculated under this Law before the |
effective
date of this
amendatory Act.
The grant index shall be |
no less than 0.35 and no greater than
0.75 for each district; |
provided that the grant index for districts whose
equalized |
assessed valuation per pupil in average daily attendance is at |
the
99th percentile and above for all districts of the same |
type shall be 0.00.
|
"School construction project" means the acquisition, |
development,
construction, reconstruction, rehabilitation, |
improvement, architectural
planning, and installation of |
capital facilities consisting of buildings,
structures, |
durable equipment, and land for educational purposes.
|
"School district" includes a cooperative high school, |
which shall be considered a high school district for the |
purpose of calculating its grant index.
|
"School maintenance project" means a project, other than a |
school
construction project, intended to provide for the |
maintenance or upkeep
of buildings or structures for |
educational purposes, but does not include
ongoing operational |
costs.
|
(Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)
|
Section 99. Effective date. This Act takes effect upon |
becoming law. |