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§ 1710-E.2. Posting of information by department

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: April 25, 2016

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XVII-E.2. School District Debt Refinancing Bonds (Refs & Annos)
Effective: April 25, 2016
72 P.S. § 1710-E.2
§ 1710-E.2. Posting of information by department
No later than July 1, 2016, and every 90 days thereafter, the Department of Education shall post and update on its publicly accessible Internet website in a searchable and sortable format the following information related to public school construction and reconstruction projects, building purchases and lease reimbursements submitted for the approval of, or approved by, the department:
(1) The type of project, elementary school, middle school, intermediate school, high school, charter school or vocational technical school by school entity.
(2) The scope of project, new construction, renovation, addition, purchase or lease.
(3) The date of receipt of each application.
(4) The date of department approval of each application.
(5) The date of approval or denial of any waiver or exception granted by the department.
(6) The reason for approval or denial of any waiver or exception granted by the department.
(7) The date of submission of the application for each step of the reimbursement process.
(8) The date of approval of the application for each step of the reimbursement process.
(9) The anticipated total project cost.
(10) Whether the project reached the maximum reimbursable project amount.
(11) The anticipated term of State reimbursement.
(12) The anticipated total reimbursement amount.
(13) The temporary reimbursable percentage.
(14) The permanent reimbursable percentage.
(15) The dates of expected State payments.
(16) The dates of expected school district payments.
(17) Whether the project was financed by cash.
(18) The date a project was voided, if applicable.
(19) A summary of the terms of the project's debt service or lease.
(20) An analysis of the callability of the project's debt service.

Credits

1929, April 9, P.L. 343, No. 176, art. XVII-E.2, § 1710-E.2, added 2016, April 25, P.L. 168, No. 25, § 15.1, imd. effective.
72 P.S. § 1710-E.2, PA ST 72 P.S. § 1710-E.2
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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