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Staff and stakeholders debate use of district funds, special reserves and procurement options for school enhancements
Summary
LSO and the State Construction Department reviewed what revenues districts can use for local facility enhancements, how special reserve funds and capital projects funds have been used historically, and possible statutory ambiguities; cooperative purchasing and procurement thresholds also drew public comment.
Legislative staff and the State Construction Department briefed the Select Committee on School Facilities on what revenue sources school districts may use to enhance or maintain facilities beyond statewide adequacy standards.
Matt Wilmarth and Catherine Camarotti of the Legislative Service Office summarized district revenue avenues reviewed in a committee memo: major maintenance, special reserve funds established under Wyo. Stat. § 21-13-504 and Wyo. Stat. § 16-4-105, bond proceeds (with a statutory sinking fund requirement), proceeds from sale of district real property, a one-mill recreation levy in certain jurisdictions, private contributions and federal Impact Aid. LSO noted statutory ambiguity about whether districts may maintain multiple…
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