Idaho Bills

Appropriates $49,410,500 for the Public Schools Educational Support Program/Division of Facilities for fiscal year 2017; provides moneys for the Bond Levy Equalization Fund; and specifies the amount of revenue to be distributed to the General Fund.

This is the Fiscal Year 2017 appropriation for the Facilities Division of the Public Schools Educational Support Program in the amount of $49,410,500. This includes $18,958,000 from the General Fund and $30,452,500 from dedicated funds. This appropriation funds the Bond Levy Equalization Program, the Charter School Facilities Program, and the School Facilities Maintenance Match Program and results in a General Fund increase of 7.8% and 6.6% increase in all funds. The estimated cost of the Bond Levy Equalization Program is $22,400,000 and is funded from a mix of $9,947,500 from the General Fund (transferred from cigarette tax revenue), $12,000,000 of Idaho Lottery proceeds directed by statute to the Bond Levy Equalization Program, and a fund balance of $452,500. The estimated cost for charter school facilities is $5,531,000 from the General Fund. The estimated cost of the state facilities maintenance match is $21,479,500 and is funded from a mix of $3,479,500 from the General Fund and $18,000,000 from the School District Building Account, which receives moneys directly from the Idaho Lottery. There were no new line items in this appropriation.