Facility History

SCHOOL FACILITY FUNDING 

School facilities in the state of California are locally funded, in that school districts do not receive substantial funds to maintain or improve school facilities through the general education fund provided by the state. To that end, school districts must leverage funding opportunities through local funding in the form of general obligation bonds, fees levied on developers for new development, and the pursuit of matching grants from state-level general obligation bonds and the School Facilities Program (SFP). Many Districts utilize Bond layering strategy to maintain tax rate while providing ongoing funding for facilities capital improvements. The Perris Elementary School District has been proactive in pursuing all available funds and grant opportunities whenever possible. As with many Districts in the state, facility needs often outweigh available funding and, if a community does not regularly support long-term capital improvement funding, those facilities needs become compounded over time. 

Additional PESD Funding Sources

In addition to Measure H, the Perris Elementary School District continues to pursue securing other Capital Facility funding sources in order to fund its priority school projects. Additional funding sources include: 

State School Facility Program Grants (SFP): 

The SFP provides grants for school districts to acquire school sites, construct new school facilities, or modernize existing school facilities. The two major funding types available are “new construction” and “modernization”. The new construction grant provides funding on a 50/50 State and local match basis. The modernization grant provides funding on a 60/40 basis.

Community Facilities District Bonds (CFDs): 

The Mello-Roos Community Facilities Act provides an alternative method for public agencies to fund facilities. The Community Facilities District (“CFD”) is a financing entity through which a local government is authorized to levy special property taxes to pay debt service on bonds or to pay for the direct construction of facilities. CFD revenue is restricted to the funding of additional capacity (e.g. New Construction).

Developer Fees: 

School districts have the ability to impose impact fees from new residential development and commercial/industrial development for the construction or reconstruction of school facilities. Developer fees are collected at the time a building permit is issued and are restricted to the funding of additional capacity (e.g. New Construction).