Section 08.02.01.500 - SCHOOL DISTRICT BUILDING ACCOUNT (NON-LOTTERY MONEY)The board of trustees of any school district may apply to the State Board of Education to receive a payment or payments from the School District Building Account as authorized under Section 33-905(3a), Idaho Code.
01.Application for Payment. The application for payments from the School District Building Account will include:b. A statement of the condition and use of all of the district's existing facilities including the dates of construction and any significant remodeling or additions;c. A history of the district's classroom student/teacher ratios, how these ratios have been affected by a lack of classroom space, and how these ratios would be improved by the project being requested. This statement should include building by building ratios as well as the overall district student/teacher ratio;d. A statement of the district's existing tax levies for school plant facilities and bond interest redemption, along with how these levies relate to the district's levy capacity;e. A statement of the district's market value for assessment purposes as such valuation existed on December 31 of the previous year, as well as other factors, if any, that affect the district's ability to finance school construction;f. A statement of past efforts to levy for the project for which funding is being requested;g. A description of any unique or special circumstances that should be considered in the evaluation of the application;02.Application Deadline. The deadline for submitting applications will be January 30th of each year.03.Eligibility. The State Board of Education will be responsible for determining which school districts receive payments from the School District Building Account. The State Board will: a. Review all applications submitted by the established deadline, taking into consideration the criteria of need, wealth, and effort established in Section 33-905, Idaho Code;b. Require resubmission of an application only when there have been substantial changes in the district which could alter the status of original determination;c. Determine a priority of school districts eligible to receive monies from the School District Building Account. Such priority will be based on a point system. Once established, the priority will be annually reviewed. Unless significant new information has been submitted which impacts the original determination, the priority will not be altered;d. Determine a priority within forty-five (45) days of the application submission deadline; ande. Award to each successful grantee twenty-five percent (25%) of the costs of the approved project.04.Point System for Determining Priority. The point system for determining the priority of eligible districts is based on the following rating and weighted values:a. Need: zero through ten (0-10) points, three and one half (3.5) weighted value for each point awarded;b. Effort: zero through ten (0-10) points, two (2.0) weighted value for each point awarded;c. Ability: zero through ten (0-10) points, two (2.0) weighted value for each point awarded;d. Past efforts (levies attempted but failed): zero through ten (0-10) points, five tenths (.5) weighted value for each point awarded;e. Student/teacher ratio improvement: zero through ten (0-10) points, one (1.0) weighted value for each point awarded; andf. Unique/special circumstances zero through ten (0-10) points: one (1.0) weighted value for each point awarded.05.Documentation of Revenue Sources. The school district will, within twelve (12) months of receipt of the approved state portion, submit documentation to the State Board of Education of the approved revenue source or sources that will be used to raise the district's portion. Failure to meet this requirement will result in return of the state grant along with any interest accrued on these monies.Idaho Admin. Code r. 08.02.01.500