|
Abstract: . . . Performance Measures Performance Measure FY 2004 Actual FY 2006 Estimate Percent of school districts inspected meeting minimum adequacy standards 99 100 Percent of inspected schools determined to have an adequate preventative maintenance program 0 77 Number of new school construction projects completed 40 50 Percent of all school districts rating the Board's services as “good” or “excellent” in annual survey 80 90 Table 3 K-12 Capital Funding History ($ in millions) Funding . . . . . . with the authority to issue tax-exempt bonds on behalf of a government entity. Recent Programmatic Changes The Legislature made the following capital financing related changes during the past legislative session: Page 3 JLBC Staff Program Summary 3 December 1, 2005 • Allow school districts to use New School Facilities funds for project management or preconstruction services; • Require the Legislature to appropriate Building Renewal and New School Facilities funding. Performance . . . . . . state has provided funding to each district based on an assessment of its facilities conducted by SFB. Over the course of the program, the state has distributed a total of $1.3 billion. Funding has been provided from the following state sources: the State General Fund, Proposition 301 Sales Tax Bond Proceeds, State Land Trust Bond Proceeds, Qualified Zone Academy Bond (QZAB) Proceeds, and Other Fund Transfers. Table 1 displays total Deficiencies Correction funding by fund . . . . . . determined to have an adequate preventative maintenance program 0 77 Number of new school construction projects completed 40 50 Percent of all school districts rating the Board's services as “good” or “excellent” in annual survey 80 90 Table 3 K-12 Capital Funding History ($ in millions) Funding Source FY 2002 FY 2003 FY 2004 FY 2005 CORL 1/ $ 209.5 $ 214.9 $ 221.9 $ 225.8 Soft Capital 1/ 181.3 185.1 190.0 193.9 Deficiencies Correction 2/ 444.0 270.7 247.2 100.0 Building Renewal . . . . . . 2003 FY 2004 FY 2005 CORL 1/ $ 209.5 $ 214.9 $ 221.9 $ 225.8 Soft Capital 1/ 181.3 185.1 190.0 193.9 Deficiencies Correction 2/ 444.0 270.7 247.2 100.0 Building Renewal 3/ 62.1 38.3 0.0 70.0 New School Facilities 3/ 166.8 400.0 250.0 250.0 Capital Overrides 4/ 44.2 48.9 N/A N/A Class B Bonds 5/ 6/ 116.1 175.8 230.8 N/A Impact Aid Revenue Bonds 5/ 13.1 9.1 25.6 N/A Lease-Purchase 5/ 2.8 9.0 12.1 N/A Adjacent Ways 7/ 20.7 22.5 30.3 N/A Desegregation 4/ 13.3 15.6 N/A N/A TOTAL . . . --2382,5,238,2752,11909
|