15-961
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15-961. Capital outlay revenue limit; growth rate A. A capital outlay revenue limit per student count is established for fiscal year 2009-2010 as follows: 1. For school districts with a student count of less than one hundred for kindergarten programs and grades one through eight, two hundred seventy-two dollars seventy-five cents. For school districts with a student count of one hundred or more and less than six hundred for kindergarten programs and grades one through eight multiply one hundred ninety-four dollars ninety-five cents by the weight which corresponds to the student count for kindergarten programs and grades one through eight for the school district as provided in section 15-943, paragraph 1, subdivision (a), column 3. For a school district with a student count of six hundred or more in kindergarten programs and grades one through eight, the limit is two hundred twenty-five dollars seventy-six cents. 2. For school districts with a student count of less than one hundred for grades nine through twelve, three hundred twenty-nine dollars forty-one cents. For school districts with a student count of one hundred or more and less than six hundred for grades nine through twelve, multiply two hundred eleven dollars twenty-nine cents by the weight which corresponds to the student count for grades nine through twelve for the school district as provided in section 15-943, paragraph 1, subdivision (b), column 3. For a school district with a student count of six hundred or more in grades nine through twelve, the limit is two hundred sixty-seven dollars ninety-four cents. 3. For programs for preschool children with disabilities, two hundred twenty-five dollars seventy-six cents. B. For fiscal year 2009-2010 and each year thereafter, the capital outlay revenue limit prescribed in subsection A of this section shall be adjusted by the growth rate prescribed by law, subject to appropriation. C. For fiscal year 1985-1986 and each year thereafter, the capital outlay revenue limit for a school district shall be computed as follows: 1. Select the applicable capital outlay revenue limit or limits per student count for the school district. 2. Multiply the amount or amounts selected in paragraph 1 of this subsection by the appropriate student count of the school district. The student count of the school district shall not include any pupils in a charter school sponsored by the district pursuant to section 15-185, subsection A, paragraph 3. 3. If a school district's student count used for the budget year is greater than one hundred five per cent of the student count used for the current year's budget, increase the adjusted capital outlay revenue limit determined in paragraph 2 of this subsection by the actual percentage increase in the school district's student count. D. For fiscal year 2009-2010 and each year thereafter, an amount for the purchase of required textbooks and related printed subject matter materials shall be used to increase the capital outlay revenue limit for a school district as determined in subsection C, paragraph 2 or 3 of this section, whichever is applicable. For fiscal year 2009-2010, multiply the student count in grades nine through twelve by sixty-nine dollars sixty-eight cents. |