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Senate advances $50 million revolving fund for school facilities aimed at smaller and rural districts
Summary
House Bill 3‑38 would combine a long‑unused $25 million fund with an additional $25 million to create a $50 million revolving program offering up to $5 million per district to address facility shortfalls; the Senate passed the bill March 19.
The Idaho Senate on March 19 approved House Bill 3 38, which creates a $50 million revolving fund to help K‑12 school districts, particularly smaller and rural districts, finance facility projects and pay cost overruns.
Senator Julie Anthony, the floor sponsor, said the bill repurposes an existing $25 million Public School Facilities Cooperative Fund that has not been spent in about 20 years and combines it with another $25 million to form a revolving pool.…
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