The revenue from the regular and voter-approved physical plant and equipment levies shall be placed in the physical plant and equipment levy fund and expended only for the following purposes:
1. The purchase and improvement of grounds. For the purpose of this subsection:
a. "Purchase of grounds" includes the legal costs relating to the property acquisition, costs of surveys of the property, costs of relocation assistance under state and federal law, and other costs incidental to the property acquisition.
b. "Improvement of grounds" includes grading, landscaping, paving, seeding, and planting of shrubs and trees; constructing sidewalks, roadways, retaining walls, sewers and storm drains, and installing hydrants; surfacing and soil treatment of athletic fields and tennis courts; exterior lighting, including athletic fields and tennis courts; furnishing and installing flagpoles, gateways, fences, and underground storage tanks which are not parts of building service systems; demolition work; and special assessments against the school district for public improvements, as defined in section 384.37.
2. The construction of schoolhouses or buildings and opening roads to schoolhouses or buildings.
3. The purchase of buildings and the purchase of a single unit of equipment or a technology system exceeding one thousand five hundred dollars in value.
4. The payment of debts contracted for the erection or construction of schoolhouses or buildings, not including interest on bonds.
5. Procuring or acquisition of library facilities.
6. Repairing, remodeling, reconstructing, improving, or expanding the schoolhouses or buildings and additions to existing schoolhouses.
For the purpose of this subsection, "repairing" means restoring an existing structure or thing to its original condition, as near as may be, after decay, waste, injury, or partial destruction, but does not include maintenance; and "reconstructing" means rebuilding or restoring as an entity a thing which was lost or destroyed.
7. Expenditures for energy conservation.
8. The rental of facilities under chapter 28E.
9. Purchase of transportation equipment for transporting students.
10. Lease-purchase option agreements for school buildings and for equipment exceeding in value five thousand dollars per single unit.
11. Equipment purchases for recreational purposes.
12. Payments to a municipality or other entity as required under section 403.19, subsection 2.
Interest earned on money in the physical plant and equipment levy fund may be expended for a purpose listed in this section.
Unencumbered funds collected prior to July 1, 1991, from the levy previously authorized under section 297.5, Code 1991, may be expended for the purposes listed in this section.
Revenue from the regular and voter-approved physical plant and equipment levies shall not be expended for school district employee salaries or travel expenses, supplies, printing costs or media services, or for any other purpose not expressly authorized in this section.
89 Acts, ch 135, § 108; 92 Acts, ch 1187, § 8, 9; 94 Acts, ch 1029, §24, 25; 94 Acts, ch 1141, § 1, 2; 94 Acts, ch 1175, §14; 97 Acts, ch 182, §3; 2000 Acts, ch 1054, §1, 3
Subsection 12 applies to property taxes due and owing on or after July 1, 2000; 2000 Acts, ch 1054, §3
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