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| 1 | AN ACT in relation to education.
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| 2 | Be it enacted by the People of the State of Illinois, | ||||||
| 3 | represented in the General Assembly:
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| 4 | Section 5. The School Construction Law is amended by | ||||||
| 5 | changing Section 5-5 as follows:
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| 6 | (105 ILCS 230/5-5)
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| 7 | Sec. 5-5. Definitions. As used in this Article:
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| 8 | "Approved school construction bonds" mean bonds that were | ||||||
| 9 | approved by
referendum after January 1, 1996 but prior to | ||||||
| 10 | January 1, 1998 as provided in
Sections 19-2 through 19-7 of | ||||||
| 11 | the School Code to provide funds for the
acquisition, | ||||||
| 12 | development, construction, reconstruction, rehabilitation,
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| 13 | improvement, architectural planning, and installation of | ||||||
| 14 | capital facilities
consisting of buildings, structures, | ||||||
| 15 | durable-equipment, and land for
educational purposes.
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| 16 | "Grant index" means a figure for each school district equal | ||||||
| 17 | to one minus the
ratio of the district's equalized assessed | ||||||
| 18 | valuation per pupil in average daily
attendance to the | ||||||
| 19 | equalized assessed valuation per pupil in average daily
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| 20 | attendance of the district located at the 90th percentile for | ||||||
| 21 | all districts of
the same category.
For the purpose of | ||||||
| 22 | calculating the grant index, school districts are
grouped
into | ||||||
| 23 | 2 categories, Category I and Category II. Category I consists | ||||||
| 24 | of
elementary and unit school districts. The equalized assessed | ||||||
| 25 | valuation
per pupil in average daily attendance of each school | ||||||
| 26 | district in Category I
shall be computed using its grades | ||||||
| 27 | kindergarten through 8 average daily
attendance figure. A unit | ||||||
| 28 | school district's Category I grant index shall be
used
for | ||||||
| 29 | projects or portions of projects constructed for elementary | ||||||
| 30 | school
pupils. Category II consists of high school and unit | ||||||
| 31 | school districts. The
equalized assessed valuation per pupil in | ||||||
| 32 | average daily attendance of
each school district in Category II | ||||||
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| 1 | shall be computed using its grades 9
through 12 average daily | ||||||
| 2 | attendance figure. A unit school district's Category
II
grant | ||||||
| 3 | index shall be used for projects or portions of projects | ||||||
| 4 | constructed
for high school pupils.
The changes made by this | ||||||
| 5 | amendatory Act of the 92nd General Assembly apply
to all grants | ||||||
| 6 | made on or after the effective date of this amendatory Act,
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| 7 | provided that for grants not yet made on the effective date of | ||||||
| 8 | this amendatory
Act but made in fiscal year 2001 and for grants | ||||||
| 9 | made
in fiscal year 2002, the grant index for a school district | ||||||
| 10 | shall be the
greater of (i) the grant index as calculated under | ||||||
| 11 | this Law on or after the
effective date of this amendatory
Act | ||||||
| 12 | or (ii) the grant index as calculated under this Law before the | ||||||
| 13 | effective
date of this
amendatory Act.
The grant index shall be | ||||||
| 14 | no less than 0.35 and no greater than
0.75 for each district; | ||||||
| 15 | provided that the grant index for districts whose
equalized | ||||||
| 16 | assessed valuation per pupil in average daily attendance is at | ||||||
| 17 | the
99th percentile and above for all districts of the same | ||||||
| 18 | type shall be 0.00.
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| 19 | "School construction project" means the acquisition, | ||||||
| 20 | development,
construction, reconstruction, rehabilitation, | ||||||
| 21 | improvement, architectural
planning, and installation of | ||||||
| 22 | capital facilities consisting of buildings,
structures, | ||||||
| 23 | durable equipment, and land for educational purposes.
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| 24 | "School district" includes a cooperative high school, | ||||||
| 25 | which shall be considered a high school district for the | ||||||
| 26 | purpose of calculating its grant index.
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| 27 | "School maintenance project" means a project, other than a | ||||||
| 28 | school
construction project, intended to provide for the | ||||||
| 29 | maintenance or upkeep
of buildings or structures for | ||||||
| 30 | educational purposes, but does not include
ongoing operational | ||||||
| 31 | costs.
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| 32 | (Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)
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| 33 | Section 99. Effective date. This Act takes effect upon | ||||||
| 34 | becoming law. | ||||||