What is the Capital Projects Fund expenditure mentioned in the announcement of eligibility letter to the district superintendent? Why is it required?
A. The Indiana General Assembly has provided funding for technology to help schools accelerate their instructional uses of technology, not to supplant existing CPF or other expenditures. In the year that the school corporation receives the Technology Plan Grant, the corporation must, per statute, include a CPF expenditure for technology that is at least the average of the prior six (6) years’ CPF expenditure for technology.
Related Questions
- How will the use of operating funds for capital projects impact the District in the long-term, i.e., will it bring about another operating fund referendum in the near future?
- What is the Capital Projects Fund expenditure mentioned in the announcement of eligibility letter to the district superintendent? Why is it required?
- Does the Endowment fund projects that include capital expenses?
