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State of Idaho 2024 Legislation

School Facilities Fund & HB 292 Funds
  • Use of HB-292 "Tax Relief Funds" 
    • Bonds
    • Supplemental Levies
    • Plant Facilities Money
      • *(Expect to see an increase in HB292 because no longer have lottery or Bond Equalization Money).
  • Use of HB-521 "School Facilities"
    • Use to repair, maintain, or construct new etc.
    • $46.8 Million over 10 Years
    • Lump Sum or Annual Distribution
    • If Annual is chosen then, District must pay down additional tax debt (Bonds, Levies First)
 
  • Use of HB-521 "School Facilities"
    • Must File a 10 Year Plan
  • August Election Day Taken Away
  • Bond Equalization & Lottery Monies Gone
  • Governor Appoints Executive Officer to State Board of Education
  • 4- or 5-Day School Week Provision to Access Funds
    • 4 Day Weeks Must Meet Minimum Day and Hours (not set till Aug. 1, 2024)
    • 5 Day Weeks May Not Convert 
      • ???May Convert if district can attest, they meet the minimum Days and Hours???
  • Nampa's Dollar Amount Close to 46.8 Million for 10 Years.
    • Remember No Lottery Money!  (currently 1.2 million a year goes away)
    • This needs to meet all building needs for the next 10 years (2034)