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| Public Act 093-1094 |
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AN ACT in relation to education.
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Be it enacted by the People of the State of Illinois, | ||||
represented in the General Assembly:
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Section 5. The School Construction Law is amended by | ||||
changing Section 5-5 as follows:
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(105 ILCS 230/5-5)
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Sec. 5-5. Definitions. As used in this Article:
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"Approved school construction bonds" mean bonds that were | ||||
approved by
referendum after January 1, 1996 but prior to | ||||
January 1, 1998 as provided in
Sections 19-2 through 19-7 of | ||||
the School Code to provide funds for the
acquisition, | ||||
development, construction, reconstruction, rehabilitation,
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improvement, architectural planning, and installation of | ||||
capital facilities
consisting of buildings, structures, | ||||
durable-equipment, and land for
educational purposes.
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"Grant index" means a figure for each school district equal | ||||
to one minus the
ratio of the district's equalized assessed | ||||
valuation per pupil in average daily
attendance to the | ||||
equalized assessed valuation per pupil in average daily
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attendance of the district located at the 90th percentile for | ||||
all districts of
the same category.
For the purpose of | ||||
calculating the grant index, school districts are
grouped
into | ||||
2 categories, Category I and Category II. Category I consists | ||||
of
elementary and unit school districts. The equalized assessed | ||||
valuation
per pupil in average daily attendance of each school | ||||
district in Category I
shall be computed using its grades | ||||
kindergarten through 8 average daily
attendance figure. A unit | ||||
school district's Category I grant index shall be
used
for | ||||
projects or portions of projects constructed for elementary | ||||
school
pupils. Category II consists of high school and unit | ||||
school districts. The
equalized assessed valuation per pupil in | ||||
average daily attendance of
each school district in Category II | ||||
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,
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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.
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"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.
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"School district" includes a cooperative high school, | ||
which shall be considered a high school district for the | ||
purpose of calculating its grant index.
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"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.
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(Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law. | ||