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CS/SB 824 — Inventory of Unimproved Real Property Owned by School Districts

by Education Pre-K - 12 Committee and Senator Truenow

This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.

Prepared by: Education Pre-K - 12 Committee (ED)

The bill requires school districts to annually submit an inventory to the Department of Education (DOE) of all unimproved real property owned by the district. “Unimproved real property” is defined in the bill as any parcel of land owned in whole or in part by a district that does not contain any vertical improvements, including, but not limited to, buildings, permanent structures, or constructed facilities.

 

The inventory is due on a date determined by the DOE and must be a complete inventory of all unimproved real property owned by the district as of June 30 of that year. For each parcel, the district must provide the following:

  • The identification number.
  • The address or descriptive location and acreage.
  • The date of acquisition by the district.
  • The current use, if any.
    • The fair market value, calculated using the most recent market value assessed by the county property appraiser or a district-commissioned appraisal completed within the previous 24 months.

 

The DOE must compile the data into a statewide report that includes:

  • The total statewide acreage of all unimproved real property owned by districts.
  • The aggregate statewide fair market value of such property.
  • A district-by-district breakdown of such unimproved real property, including total parcels and acreage, fair market value, and each parcel’s identification number and acreage.
  • Any trends or findings the DOE determines relevant to effective statewide land use or long-range facilities planning.

 

The DOE must publish the statewide report on its website by December 1, 2026, and every 3 years thereafter.

 

If approved by the Governor, or allowed to become law without the Governor's signature, these provisions take effect on July 1, 2026.

 

Vote: Senate 33-4; House 84-27