S.F. No. 525 Summary

• Appropriates $12,850,000 from the general fund to the Department of Education in fiscal year 2024 for supplemental aid to school facility construction.
• Funds are designated to offset increased construction and material costs and supply chain disruptions caused by the COVID-19 pandemic.
• Allocates specific amounts to three school districts that passed referendums between April 1, 2019, and December 1, 2020: Independent School District No. 696 (Ely) receives $4,400,000; ISD No. 2909 (Rock-Ridge) receives $6,800,000; and ISD No. 238 (Mabel-Canton) receives $1,650,000.
• Requires 100 percent of aid to be paid in the current fiscal year as a one-time appropriation.
• Becomes effective the day following final enactment.