Relating to: the school district revenue limit adjustment for energy efficiency projects. (FE)
Fiscal estimate received
Summary
The bill lets a school board increase its revenue limit by the amount it spends on qualifying energy‑efficiency projects, including debt service on bonds or state‑trust loans. To qualify, projects must lower energy or water costs, be covered by a performance contract, and be financed with a bond or loan of 20 years or less. This creates a mechanism for districts to fund such projects through their existing revenue limits.
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