House Journal: Page 1795: Thursday, May 3, 2001
23 follows:
24 a. A school district located in whole or in part
25 in a county that had in effect on March 31, 2001, the
26 local sales and services tax for school infrastructure
27 purposes under chapter 422E shall receive an amount
28 equal to its guaranteed school infrastructure amount
29 as calculated under subsection 2 if the board of
30 directors notifies the director of revenue and finance
31 that the school district wants to receive its
32 guaranteed school infrastructure amount. The
33 notification shall be provided by July 1, 2001. If
34 notification is not received by July 1, 2001, the
35 school district shall receive moneys pursuant to
36 paragraph "b". Nothing in this chapter shall prevent
37 a school district from using its guaranteed school
38 infrastructure amount to pay principle and interest on
39 obligations issued pursuant to section 422E.4.
40 A school district receiving moneys pursuant to this
41 paragraph shall cease to receive its guaranteed school
42 infrastructure amount and shall receive moneys
43 pursuant to paragraph "b" starting with the fiscal
44 year immediately following the fiscal year in which
45 occurs the end of the original ten-year period or the
46 date listed on the original ballot proposition,
47 whichever is the earlier, as provided in chapter 422E.
48 A school district may adopt a plan, as provided in
49 section 293.2, subsection 2, to anticipate moneys it
50 will receive pursuant to paragraph "b". A school
Page 2
1 district receiving moneys pursuant to this paragraph
2 may elect to receive moneys pursuant to paragraph "b"
3 by providing notification to receive moneys pursuant
4 to paragraph "b" to the director of revenue and
5 finance and the director of the department of
6 management by February 15 preceding the fiscal year
7 for which the election will apply. Once a school
8 district makes this election it is irrevocable.
9 b. Moneys remaining after computations made
10 pursuant to paragraph "a" shall be distributed to
11 school districts not receiving moneys under paragraph
12 "a" on a per student basis calculated by the director
13 of revenue and finance by dividing the moneys
14 available during the fiscal year by the combined
15 actual enrollment for all school districts receiving
16 distributions under this paragraph.
17 The combined actual enrollment for school
18 districts, for purposes of this paragraph, shall be
19 calculated by adding together the actual enrollment
20 for each school district receiving distributions under
21 this paragraph as determined by the department of
© 2001 Cornell College and
League of Women Voters of Iowa
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