Senate Bill sb0546

    Florida Senate - 2004                                   SB 546

    By Senator Bennett





    21-577-04

  1                      A bill to be entitled

  2         An act relating to district school taxation;

  3         amending s. 1011.71, F.S.; authorizing certain

  4         expenditures from district school tax revenues

  5         to pay insurance premiums; providing

  6         limitations; providing for legislative review;

  7         providing an effective date.

  8  

  9  Be It Enacted by the Legislature of the State of Florida:

10  

11         Section 1.  Paragraph (a) of subsection (5) of section

12  1011.71, Florida Statutes, is amended to read:

13         1011.71  District school tax.--

14         (5)(a)  It is the intent of the Legislature that, by

15  July 1, 2003, revenue generated by the millage levy authorized

16  by subsection (2) should be used only for the costs of

17  construction, renovation, remodeling, maintenance, and repair

18  of the educational plant; for the purchase, lease, or

19  lease-purchase of equipment, educational plants, and

20  construction materials directly related to the delivery of

21  student instruction; for the rental or lease of existing

22  buildings, or space within existing buildings, originally

23  constructed or used for purposes other than education, for

24  conversion to use as educational facilities; for property and

25  casualty insurance premiums necessary to insure the

26  educational plant of the school district; for the opening day

27  collection for the library media center of a new school; for

28  the purchase, lease-purchase, or lease of school buses; and

29  for servicing of payments related to certificates of

30  participation issued for any purpose prior to the effective

31  date of this act. Costs associated with the lease-purchase of

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 2004                                   SB 546
    21-577-04




 1  equipment, educational plants, and school buses may include

 2  the issuance of certificates of participation on or after the

 3  effective date of this act and the servicing of payments

 4  related to certificates so issued. For purposes of this

 5  section, "maintenance and repair" is defined in s. 1013.01. If

 6  operating revenues are made available through the payment of

 7  property and casualty insurance premiums from revenues

 8  generated under subsection (2), such operating revenues may be

 9  expended only for nonrecurring operational expenditures of the

10  school district. The Legislature shall review this paragraph

11  by June 30, 2006.

12  

13  A district that violates these expenditure restrictions shall

14  have an equal dollar reduction in funds appropriated to the

15  district under s. 1011.62 in the fiscal year following the

16  audit citation. The expenditure restrictions do not apply to

17  any school district that certifies to the Commissioner of

18  Education that all of the district's instructional space needs

19  for the next 5 years can be met from capital outlay sources

20  that the district reasonably expects to receive during the

21  next 5 years or from alternative scheduling or construction,

22  leasing, rezoning, or technological methodologies that exhibit

23  sound management.

24         Section 2.  This act shall take effect July 1, 2004.

25  

26            *****************************************

27                          SENATE SUMMARY

28    Authorizes district school tax revenues to be used for
      insurance premiums. Provides limitations on the use of
29    certain other revenues. Provides for legislative review.

30  

31  

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CODING: Words stricken are deletions; words underlined are additions.