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School Facilities Fund, HB 521 & HB 292 Funds Home

School Facilities Fund, HB 521 & HB 292 Funds

Click here for Mountain View's 10 Year Facilities Plan for Each of the School's Sites and Buildings

Use of HB-292 "Tax Relief Funds" 

  • Bonds
  • Supplemental Levies
  • Plant Facilities Money
    • *(Expect to see an increase in HB292 because we no longer have lottery or Bond Equalization Money).

Use of HB-521 "School Facilities"

  • Used to repair, maintain, or construct new, etc.
  • $4.4 Million over 10 Years
  • Lump Sum or Annual Distribution
  • If Annual is chosen, then the District must pay down additional tax debt (Bonds, Levies First)

Use of HB-521 "School Facilities"

  • Must File a 10 Year Plan

August Election Day Taken Away

Bond Equalization & Lottery Monies Gone

Governor Appoints Executive Officer to State Board of Education

4- or 5-Day School Week Provision to Access Funds

  • 4 Day Weeks Must Meet Minimum Day and Hours (not set till Aug. 1, 2024)

MVSD's Dollar Amount Close to 4.4 Million for 10 Years.

  • Remember No Lottery Money!  (Currently $150,000 a year goes away)
  • This needs to meet all building needs for the next 10 years (2034)