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§ 25-2575.2. Payments on account of approved rental for leases of buildings and facilities for ...

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. Education

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 24 P.S. Education
Chapter 1. Public School Code of 1949 (Refs & Annos)
Article XXV. Reimbursements by Commonwealth and Between School Districts (Refs & Annos)
Subarticle (f). School Building Rentals and Sinking Fund Charges
24 P.S. § 25-2575.2
§ 25-2575.2. Payments on account of approved rental for leases of buildings and facilities for school use
Currentness
The Commonwealth shall pay, annually, for the school year 1972-73 and each school year thereafter to each school district which leases with the approval of the Department of Education buildings and facilities for school use under the provisions of section 703.1,1 an amount to be determined by multiplying the district's aid ratio by the approved reimbursable annual rental.
In the case of districts eligible under density factor the minimum annual payment shall be no less than fifty per centum (50%) of the approved reimbursable annual rental.

Credits

1949, March 10, P.L. 30, No. 14, art. XXV, § 2575.2, added 1972, Dec. 6, P.L. 1445, No. 323, § 2, imd. effective.

Footnotes

1
24 P.S. § 7-703.1.
24 P.S. § 25-2575.2, PA ST 24 P.S. § 25-2575.2
Current through 2023 Regular Session Act 7. Some statute sections may be more current, see credits for details.
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