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House Journal: Page 974: Thursday, March 26, 1998

 9   limitation specified in section 298.14, for each
10   budget year the board shall determine the percent of
11   income surtax that will be imposed, expressed as full
12   percentage points, not to exceed twenty percent.
13     4.  For purposes of sections 257.51 through 257.60,
14   "smaller class size infrastructure", means those
15   activities for which a school district is authorized
16   to contract indebtedness and issue general obligation
17   bonds under section 296.1, except those activities
18   related to a teacher's or superintendent's home or
19   homes.  The activities include the construction,
20   reconstruction, repair, purchasing, or remodeling of
21   schoolhouses, and the procurement of schoolhouse
22   construction sites and the making of site
23   improvements.  Additionally, "school infrastructure"
24   includes the payment or retirement of outstanding
25   bonds previously issued for school infrastructure
26   purposes as described in this subsection, and the
27   maintenance of schoolhouses and school district
28   property.
29     Sec. ___.  NEW SECTION.  257.53  SMALLER CLASS SIZE
30   INFRASTRUCTURE STATE AID APPROPRIATION.
31     1.  In order to determine the amount of smaller
32   class size infrastructure state aid and the amount of
33   local funding for the smaller class size
34   infrastructure program for a district, the department
35   of management shall divide the total assessed
36   valuation in the state by the total budget enrollment
37   for the budget year in the state to determine a state
38   assessed valuation per pupil and shall divide the
39   assessed valuation in each district by the district's
40   budget enrollment for the budget year to determine the
41   district assessed valuation per pupil.  The department
42   of management shall multiply the ratio of the state's
43   valuation per pupil to the district's valuation per
44   pupil by twenty-five hundredths and subtract that
45   result from one to determine the portion of the
46   smaller class size infrastructure program budget that
47   is local funding.  The remaining portion of the budget
48   shall be funded by smaller class size infrastructure
49   state aid.
50     2.  There is appropriated for each fiscal year from

Page 4

 1   the rebuild Iowa infrastructure fund to the department
 2   of education, the sum of twenty million dollars to pay
 3   smaller class size infrastructure state aid as
 4   determined under subsection 1.
 5     3.  If the amount appropriated under subsection 2
 6   is insufficient to pay the amount of smaller class
 7   size infrastructure state aid determined under
 8   subsection 1, the department of education shall

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