2023-25 Small District and State Tribal Compact Schools Mod

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This item provides funding for Small District and State Tribal Compact Schools Modernization program to finance all small district modernization grants with revenue generated from the common school trust lands. These grants will allow small and rural school districts that cannot participate in SCAP to access revenue generated by the common school trust lands, regardless of the district’s ability to pass a capital bond or levy. The Small District Modernization Grant Program will fund building system replacement and repairs for districts identified as having significant building system deficiencies and such low property values that replacing or modernizing the school facility through SCAP would present an extraordinary tax burden on property owners or would exceed allowable debt for the district. The grant will also provide additional funding opportunities for tribal compact schools using state general obligation bonds.