§ 100615 School Facilities Fund Appropriation
This law says that any money put into the 2002 State Facilities Fund must be used to help schools and to pay back loans and bond costs related to school building projects.
A county school district borrows money from the 2002 State School Facilities Fund to build a new gym. Later, the money from the fund is used to pay back that loan plus interest and to reimburse the state's bond fund that helped finance the project.
The law makes sure the money in the fund goes straight to school aid and to settle any loans or bond expenses that were used for school construction.
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§ 100615 School Facilities Fund Appropriation
Last verified: January 10, 2026