15-961

15-961. Capital outlay revenue limit; growth
rate

A. A capital outlay revenue limit per student count is established for fiscal year
2009-2010 as follows:

1. For school districts with a student count of less than one hundred for
kindergarten programs and grades one through eight, two hundred seventy-two dollars
seventy-five cents. For school districts with a student count of one hundred or more and
less than six hundred for kindergarten programs and grades one through eight multiply one
hundred ninety-four dollars ninety-five cents by the weight which corresponds to the
student count for kindergarten programs and grades one through eight for the school
district as provided in section 15-943, paragraph 1, subdivision (a), column 3. For a
school district with a student count of six hundred or more in kindergarten programs and
grades one through eight, the limit is two hundred twenty-five dollars seventy-six cents.

2. For school districts with a student count of less than one hundred for grades
nine through twelve, three hundred twenty-nine dollars forty-one cents. For school
districts with a student count of one hundred or more and less than six hundred for
grades nine through twelve, multiply two hundred eleven dollars twenty-nine cents by the
weight which corresponds to the student count for grades nine through twelve for the
school district as provided in section 15-943, paragraph 1, subdivision (b), column
3. For a school district with a student count of six hundred or more in grades nine
through twelve, the limit is two hundred sixty-seven dollars ninety-four cents.

3. For programs for preschool children with disabilities, two hundred twenty-five
dollars seventy-six cents.

B. For fiscal year 2009-2010 and each year thereafter, the capital outlay revenue
limit prescribed in subsection A of this section shall be adjusted by the growth rate
prescribed by law, subject to appropriation.

C. For fiscal year 1985-1986 and each year thereafter, the capital outlay
revenue limit for a school district shall be computed as follows:

1. Select the applicable capital outlay revenue limit or limits per student count
for the school district.

2. Multiply the amount or amounts selected in paragraph 1 of this subsection by the
appropriate student count of the school district. The student count of the school
district shall not include any pupils in a charter school sponsored by the district
pursuant to section 15-185, subsection A, paragraph 3.

3. If a school district's student count used for the budget year is greater than
one hundred five per cent of the student count used for the current year's budget,
increase the adjusted capital outlay revenue limit determined in paragraph 2 of this
subsection by the actual percentage increase in the school district's student count.

D. For fiscal year 2009-2010 and each year thereafter, an amount for the purchase
of required textbooks and related printed subject matter materials shall be used to
increase the capital outlay revenue limit for a school district as determined in
subsection C, paragraph 2 or 3 of this section, whichever is applicable. For fiscal year
2009-2010, multiply the student count in grades nine through twelve by sixty-nine dollars
sixty-eight cents.