Utah Code § 53F-9-601: Small School District Capital Projects Fund.
Where this section sits in the code
- Title 53F Public Education System -- Funding
- Chapter 53F-9 Funds and Accounts
- Part 53F-9-6 Supplemental Capital Project Funding
(1) As used in this section:
(a) "Capital development project" means the same as that term is defined in Section 63A-5b-401.
(b) "Fund" means the Small School District Capital Projects Fund created in this section.
(2)
(a) There is created a capital projects fund known as the Small School District Capital Projects Fund.
(b) Subject to legislative appropriations, and except as provided in Subsection (4), money in the fund shall be used for a capital development project in accordance with this section and Title 53F, Chapter 10, State Funding -- Capital Projects.
(c) The fund shall:
(i) be funded by:
(A) one-time appropriations; and
(B) repayment and interest on loans described in Section 53F-10-302; and
(ii) accrue interest, which shall be deposited into the fund.
(3) The state board shall authorize disbursements from the fund.
(4) The state board shall administer the fund in accordance with this section.
Collected 2026-09-03T11:34:33Z. Source file · JSON