TRADITIONAL FUNDING SOURCES

• Primary funding is local property tax, state income tax, sales tax and federal income tax dollars for daily
education programs & maintenance.

• Common funding for capital improvements, including new schools, modernization, technology, and legal
requirements like the Disabilities Act is from tax levies, sale of bonds (repaid with taxes).

Thinking Outside the Box...

CREATIVE SCHOOL FUNDING STRATEGIES

Certificates of Participation (COPs), (like bonds, but purchaser buys a piece of each lease payment)

Tax-exempt financing for participants

Sales tax

Sales of existing properties not needed

State-level new building funds

Exemptions from Legislation (Up to 10-15% management/construction costs)

Project Labor Agreements

Requests for Proposals vs. Bids

District oversight teams

Community Business Contributions