PK-12 Finance & Data
School Facilities
Funding
Physical Plant and Equipment Levy | Physical Plant and Equipment Levy (PPEL) |
|
|
PPEL is a property tax driven levy that consists of the regular PPEL (board approved) not exceeding thirty-three cents per thousand dollars of assessed valuation in the district and a voter-approved PPEL not exceeding one dollar and thirty-four cents per thousand dollars of assessed valuation in the district. This levy may be used for the following purposes: purchase and improvement of grounds; construction of schoolhouses or buildings and opening roads to schoolhouses or buildings; purchase of buildings and the purchase, lease, or lease-purchase of a single unit of equipment or technology exceeding five hundred dollars in value; payment of debts contracted for the erection or construction of schoolhouses or buildings, not including interest on bonds; procuring or acquisition of library facilities; repairing, remodeling, reconstructing, improving, or expanding the schoolhouses or buildings and additions to existing schoolhouses; expenditures for energy conservation; rental of facilities under chapter 28E; purchase of transportation equipment for transporting students; lease-purchase option agreements for school buildings and for equipment exceeding in value five thousand dollars per single unit; equipment purchases for recreational purposes; and payments to a municipality or other entity as required under section 403.19, subsection 2. The spreadsheets listed by school year are summaries of Physical Plant and Equipment Levies submitted to voters during each fiscal year. Election Results
Links
Iowa Code 298.2 Imposition of physical plant and equipment levy Uniform Administrative Procedures Manual Contact
Gary Schwartz
|
|
| Last Updated ( Tuesday, 17 June 2008 ) |


