School Facilities Improvement Districts

MJUSD
DIVISION 7000
FACILITIES

SCHOOL FACILITIES IMPROVEMENT DISTRICTS

OPTION 1:
The District may form a school facilities improvement district to finance any or all of the improvements set forth in Education Code 15302. The territory of the school facilities improvement district shall include all of the territory that is not included in the existing Mello-Roos District. (Education Code 15301)

OPTION 2:
As part of the determination that it is necessary and in the best interest of the District to form a school facilities improvement district to finance any or all of the improvements set forth in Education Code 15302, the Governing Board shall find that the overall cost of financing the bonds issued would be less than the overall cost of other school financing options available to the District including, but not limited to, issuing bonds pursuant to the Mello-Roos Community Facilities Act. (Education Code 15301)

The Board shall also define the boundaries of the school facilities improvement district to include any portion of territory within the jurisdiction of the District. However, these boundaries may not include all or a portion of the territory of the community facilities district formed pursuant to the Mello-Roos Community Act. (Education Code 15301)

Legal Reference:
Education Code
15300-15425 School facilities improvement districts
Government Code
6061 One time notice
6066 Two weeks’ notice
50075-50077 Voter-approved special taxes
50079 School districts; qualified special taxes
53175-53187 Integrated Financing District Act
53753 Assessment notice and hearing requirements
53753.5 Exemptions
54954.1 Mailed notice to property owners
54954.6 New or increased tax or assessment; public meetings and hearings; notice
Management Resources:
Web Sites
Department of General Services, Office of Public School Construction: http://www.dgs.ca.gov/opsc/

First Reading: 8/17/05

Governing Board Approval: 9/14/05

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