HB0768 Enrolled LRB093 05400 NHT 05490 b

1     AN ACT in relation to education.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The School Construction Law is amended by
5 changing 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
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,
13 improvement, architectural planning, and installation of
14 capital facilities consisting of buildings, structures,
15 durable-equipment, and land for educational purposes.
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
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

 

 

HB0768 Enrolled - 2 - LRB093 05400 NHT 05490 b

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,
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.
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.
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.
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.
32 (Source: P.A. 91-38, eff. 6-15-99; 92-168, eff. 7-26-01.)
 
33     Section 99. Effective date. This Act takes effect upon
34 becoming law.