Idaho Statutes Title 33. Education § 33-915. Fixed distribution--School modernization facilities fund

(a) The distribution shall be calculated in state fiscal year 2025 for each school district, as defined in section 33-1001(21), Idaho Code, that is in operation as of July 1, 2024.

(b) The distribution shall be calculated by multiplying the following two (2) factors, both of which shall be based on the most recent data available in the state fiscal year coinciding with the distribution calculation:

(c) In no case shall the amount awarded to any school district be less than twenty-five thousand dollars ($25,000) over the ten (10) year period.

(d) In no case shall the amount awarded to any school district with an active charter district maintenance and operation levy pursuant to section 33-802(6), Idaho Code, or a charter district supplemental maintenance and operation levy pursuant to section 33-802(4), Idaho Code, exceed forty million dollars ($40,000,000) over the ten (10) year period. Excess funds shall be distributed proportionately according to the factors established in paragraph (b) of this subsection to remaining school districts that received initial allocations below forty million dollars ($40,000,000). Any districts receiving reallocations under this paragraph shall not exceed forty million dollars ($40,000,000).

(e) For the purposes of this section, the Idaho school for the deaf and the blind shall be considered a school district and shall receive a distribution based on the average daily attendance of the school.