Session of 1998
HOUSE BILL No. 2747
By Committee on Education
1-29
9
AN ACT concerning school district capital
improvements; affecting de-
10 termination of state
aid entitlements; amending K.S.A. 75-2319 and
11 repealing the existing
section.
12
13 Be it enacted by the Legislature of the
State of Kansas:
14 Section 1. K.S.A.
75-2319 is hereby amended to read as follows:
15 75-2319. (a) There is hereby established in
the state treasury the school
16 district capital improvements fund. The
fund shall consist of all amounts
17 transferred thereto under the provisions of
subsection (c).
18 (b) In each school year,
each school district which is obligated to
19 make payments from its bond and interest
fund shall be entitled to receive
20 payment from the school district capital
improvements fund in an amount
21 determined by the state board of education
as provided in this subsection.
22 The state board of education shall:
23 (1) Determine the amount
of the assessed valuation per pupil (AVPP)
24 of each school district in the state and
round such amount to the nearest
25 $1,000. The rounded amount is the AVPP of a
school district for the
26 purposes of this section;
27 (2) determine the median
AVPP of all school districts;
28 (3) prepare a schedule
of dollar amounts using the amount of the
29 median AVPP of all school districts as the
point of beginning. The sched-
30 ule of dollar amounts shall range upward in
equal $1,000 intervals from
31 the point of beginning to and including an
amount that is equal to the
32 amount of the AVPP of the school district
with the highest AVPP of all
33 school districts and shall range downward
in equal $1,000 intervals from
34 the point of beginning to and including an
amount that is equal to the
35 amount of the AVPP of the school district
with the lowest AVPP of all
36 school districts;
37 (4) determine a state
aid percentage factor for each school district by
38 assigning a the
state aid computation percentage to the amount of the
39 median AVPP shown on the schedule,
decreasing the state aid compu-
40 tation percentage assigned to the amount of
the median AVPP by one
41 percentage point for each $1,000 interval
above the amount of the median
42 AVPP, and increasing the state aid
computation percentage assigned to
43 the amount of the median AVPP by one
percentage point for each $1,000
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1 interval below the amount of the
median AVPP. The state aid percentage
2 factor of a school district is the
percentage assigned to the schedule
3 amount that is equal to the amount of
the AVPP of the school district,
4 except that the state aid percentage
factor of a school district shall not
5 exceed 100%. The state aid
computation percentage is 5% for contractual
6 bond obligations incurred by
a school district prior to the effective date
7 of this act, and 25%
for contractual bond obligations incurred by a
school
8 district on or after the
effective date of this act;
9 (5) determine the
amount of payments in the aggregate that a school
10 district is obligated to make from its bond
and interest fund and, of such
11 amount, compute the amount
attributable to contractual bond obligations
12 incurred by the school district
prior to the effective date of this act and
13 the amount attributable to
contractual bond obligations incurred by the
14 school district on or after the
effective date of this act;
15
(6) multiply each of the amounts computed
under (5) such amount
16 by the applicable state aid percentage
factor;
17 (7) add the
products obtained under (6). The amount of the
sum
18 product is the amount of payment the
school district is entitled to receive
19 from the school district capital
improvements fund in the school year.
20 (c) The state board of
education shall certify to the director of ac-
21 counts and reports the entitlements of
school districts determined under
22 the provisions of subsection (b), and an
amount equal thereto shall be
23 transferred by the director from the state
general fund to the school
24 district capital improvements fund for
distribution to school districts. All
25 transfers made in accordance with the
provisions of this subsection shall
26 be considered to be demand transfers from
the state general fund.
27 (d) Payments from the
school district capital improvements fund shall
28 be distributed to school districts at times
determined by the state board
29 of education to be necessary to assist
school districts in making scheduled
30 payments pursuant to contractual bond
obligations. The state board of
31 education shall certify to the director of
accounts and reports the amount
32 due each school district entitled to
payment from the fund, and the di-
33 rector of accounts and reports shall draw a
warrant on the state treasurer
34 payable to the treasurer of the school
district. Upon receipt of the warrant,
35 the treasurer of the school district shall
credit the amount thereof to the
36 bond and interest fund of the school
district to be used for the purposes
37 of such fund.
38 (e) The provisions of
this section apply only to contractual obligations
39 incurred by school districts pursuant to
general obligation bonds issued
40 upon approval of a majority of the
qualified electors of the school district
41 voting at an election upon the question of
the issuance of such bonds.
42 Sec. 2. K.S.A.
75-2319 is hereby repealed.
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1 Sec. 3. This
act shall take effect and be in force from and after its
2 publication in the statute book.
3
4