SB1561 EngrossedLRB099 07149 SXM 27236 b

1    AN ACT concerning education.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The School Construction Law is amended by
5changing Section 5-5 as follows:
 
6    (105 ILCS 230/5-5)
7    Sec. 5-5. Definitions. As used in this Article:
8    "Approved school construction bonds" mean bonds that were
9approved by referendum after January 1, 1996 but prior to
10January 1, 1998 as provided in Sections 19-2 through 19-7 of
11the School Code to provide funds for the acquisition,
12development, construction, reconstruction, rehabilitation,
13improvement, architectural planning, and installation of
14capital facilities consisting of buildings, structures,
15durable-equipment, and land for educational purposes.
16    "Grant index" means a figure for each school district equal
17to one minus the ratio of the district's equalized assessed
18valuation per pupil in average daily attendance to the
19equalized assessed valuation per pupil in average daily
20attendance of the district located at the 90th percentile for
21all districts of the same category. For the purpose of
22calculating the grant index, school districts are grouped into
232 categories, Category I and Category II. Category I consists

 

 

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1of elementary and unit school districts. The equalized assessed
2valuation per pupil in average daily attendance of each school
3district in Category I shall be computed using its grades
4kindergarten through 8 average daily attendance figure. A unit
5school district's Category I grant index shall be used for
6projects or portions of projects constructed for elementary
7school pupils. Category II consists of high school and unit
8school districts. The equalized assessed valuation per pupil in
9average daily attendance of each school district in Category II
10shall be computed using its grades 9 through 12 average daily
11attendance figure. A unit school district's Category II grant
12index shall be used for projects or portions of projects
13constructed for high school pupils. The changes made by this
14amendatory Act of the 92nd General Assembly apply to all grants
15made on or after the effective date of this amendatory Act,
16provided that for grants not yet made on the effective date of
17this amendatory Act but made in fiscal year 2001 and for grants
18made in fiscal year 2002, the grant index for a school district
19shall be the greater of (i) the grant index as calculated under
20this Law on or after the effective date of this amendatory Act
21or (ii) the grant index as calculated under this Law before the
22effective date of this amendatory Act. The grant index shall be
23no less than 0.35 and no greater than 0.75 for each district;
24provided that the grant index for districts whose equalized
25assessed valuation per pupil in average daily attendance is at
26the 99th percentile and above for all districts of the same

 

 

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1type shall be 0.00. For school districts that have consolidated
2or approved a cooperative high school within a prior fiscal
3year, the grant index shall be calculated for each of those
4school districts that form the new school district or
5cooperative high school. Whichever grant index is the highest
6shall be used as the grant index for the newly consolidated
7school district or approved cooperative high school.
8    The grant index shall be calculated for each of those
9school districts forming a reorganized school district or
10cooperative high school if one or more of the following happen
11within the current or prior 2 fiscal years:
12        (1) a new school district is created in accordance with
13    Article 11E of the School Code;
14        (2) an existing school district annexes all of the
15    territory of one or more entire other school districts in
16    accordance with Article 7 of the School Code; or
17        (3) a cooperative high school is formed in accordance
18    with Section 10-22.22c of the School Code.
19The average grant index of those school districts shall be used
20as the grant index for the newly reorganized district or
21cooperative high school.
22    "School construction project" means the acquisition,
23development, construction, reconstruction, rehabilitation,
24improvement, architectural planning, and installation of
25capital facilities consisting of buildings, structures,
26durable equipment, and land for educational purposes.

 

 

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1    "School district" means a school district or a Type 40 area
2vocational center that is jointly owned if the joint agreement
3includes language that specifies how the debt obligation is to
4be paid, including in the event that an entity withdraws from
5the joint agreement.
6    "School district" includes a cooperative high school,
7which shall be considered a high school district for the
8purpose of calculating its grant index.
9    "School maintenance project" means a project, other than a
10school construction project, intended to provide for the
11maintenance or upkeep of buildings or structures for
12educational purposes, but does not include ongoing operational
13costs.
14(Source: P.A. 96-731, eff. 8-25-09; 96-1381, eff. 1-1-11.)
 
15    Section 99. Effective date. This Act takes effect upon
16becoming law.