§ 6-20-2502 - Definitions.
               	 		
6-20-2502.    Definitions.
    As used in this subchapter:
      (1)    (A)  "Academic facilities wealth index" means a percentage derived from the following computations:
                  (i)  Determine the value of one (1) mill per student in each school district as follows:
                        (a)  Multiply  the value of one (1) mill by the total assessed valuation of taxable  real, personal, and utility property in the school district as shown by  the applicable county assessment for the most recent year; and
                        (b)  Divide the product from subdivision (1)(A)(i)(a)  of this section by the greater of the prior year average daily  membership of the school district or the prior three-year average of the  school district's average daily membership;
                  (ii)  Determine  student millage rankings by listing the computation under subdivision  (1)(A)(i) of this section for each school district from students with  the lowest value per mill to students with the highest value per mill;
                  (iii)  Allocate  the student millage rankings into percentiles with the first percentile  containing the one percent (1%) of students with the lowest value per  mill and the one-hundredth percentile containing the one percent (1%) of  students with the highest value per mill; and
                  (iv)  Divide  the value of one (1) mill per student in each school district as  computed under subdivision (1)(A)(i) of this section by the amount  corresponding to the ninety-fifth percentile of the student millage  rankings under subdivision (1)(A)(iii) of this section.
            (B)  Every  school district with a wealth index of one (1.00) or greater will be  funded at the same level as the first school district with a wealth  index below one (1.00), except that funding under this subdivision  (1)(B) will not exceed the amount of funding provided for a wealth index  of nine hundred ninety-five thousandths (.995).
            (C)    (i)  The  percentage derived from the computation under subdivision (1)(A)(iv) of  this section is the academic facilities wealth index for a school  district, which shall be computed annually and used to determine the  amount of the school district's share of financial participation in a  local academic facilities project eligible for state financial  participation under priorities established by the Division of Public  School Academic Facilities and Transportation.
                  (ii)  The  state's share of financial participation in a local academic facilities  project eligible for state financial participation under priorities  established by the division is the percentage derived from subtracting  the school district's percentage share of financial participation  determined under subdivision (1)(C)(i) of this section from one hundred  percent (100%);
      (2)    (A)  "Academic  facility" means a building or space, including related areas such as  the physical plant and grounds, where students receive instruction that  is an integral part of an adequate education as described in     6-20-2302.
            (B)    (i)  A  public school building or space, including related areas such as the  physical plant and grounds, used for an extracurricular activity or an  organized physical activity course as defined in    6-16-137 shall not be  considered an academic facility for the purposes of this subchapter to  the extent that the building, space, or related area is used for  extracurricular activities or organized physical activities courses,  except for physical educational training and instruction under     6-16-132.
                  (ii)  The division  shall determine the extent to which a building, space, or related area  is used for extracurricular activities or organized physical activities  courses based on information supplied by the school district and, if  necessary, on-site inspection.
                  (iii)  A leased facility shall not be considered an academic facility for the purpose of this subchapter.
            (C)  Buildings  or spaces, including related areas such as the physical plant and  grounds, used for prekindergarten education shall not be considered  academic facilities for purposes of this subchapter.
            (D)  District  administration buildings and spaces, including related areas such as  the physical plant and grounds, shall not be considered academic  facilities for the purposes of this subchapter;
      (3)    (A)  "Average  daily membership" means the total number of days of school attended  plus the total number of days absent by students in grades kindergarten  through twelve (K-12) during the first three (3) quarters of each school  year divided by the number of school days actually taught in the school  district during that period of time rounded up to the nearest  hundredth.
            (B)  As applied to this subchapter, students who may be counted for average daily membership are:
                  (i)  Students  who reside within the boundaries of the school district and who are  enrolled in a public school operated by the school district;
                  (ii)  Legally transferred students living outside the school district but attending a public school in the school district; and
                  (iii)  Students  who are eligible to attend and reside within the boundaries of a school  district and who are enrolled in the Arkansas National Guard Youth  Challenge Program, so long as the students are participants in the  program;
      (4)  "Facility condition  index" means a methodology established by the division for comparing the  cost of repairing the condition of a public school academic facility to  the cost of replacing the public school academic facility with a public  school academic facility containing the same amount of square footage;
      (5)  "Immediate  repair project" means a project involving a public school academic  facility that is necessary to resolve a deficiency that presents an  immediate hazard to:
            (A)  The health or safety of students, teachers, administrators, or staff;
            (B)  The integrity of the public school academic facility with regard to meeting minimum health and safety standards; or
            (C)  The extraordinary deterioration of the public school academic facility;
      (6)  "Local  enhancements" means the portion of any maintenance, repair, or  renovation project or new construction project that is designed to bring  an academic facility or related areas such as the physical plant or  grounds to a state of condition or efficiency that exceeds state  academic facilities standards;
      (7)  "Local  resources" means any moneys lawfully generated by a school district for  the purpose of funding the school district's share of financial  participation in any academic facilities project for which a school  district is eligible to receive state financial participation under  priorities established by the division;
      (8)  "Maintenance,  repair, and renovation" means any activity or improvement to an  academic facility and, if necessary, related areas such as the physical  plant and grounds that:
            (A)  Maintains, conserves, or protects the state of condition or efficiency of the academic facility; or
            (B)  Brings  the state of condition or efficiency of the academic facility up to the  facility's original condition of completeness or efficiency;
      (9)  "Millage  rate" means the millage rate listed in the most recent tax ordinance  approved by the county quorum court under the authority of    14-14-904;
      (10)    (A)  "New  construction" means any improvement to an academic facility and, if  necessary, related areas such as the physical plant and grounds that  brings the state of condition or efficiency of the academic facility to a  state of condition or efficiency better than the academic facility's  original condition of completeness or efficiency.
            (B)  "New construction" includes additions to existing academic facilities and new academic facilities;
      (11)  "Project" means an undertaking in which a school district engages in:
            (A)  Maintenance, repair, and renovation activities with regard to an academic facility;
            (B)  New construction of an academic facility; or
            (C)  Any combination of maintenance, repair, and renovation and new construction activities with regard to an academic facility; and
      (12)  "Space  utilization" means the number of gross square feet per student in a  public school academic facility adjusted for academic program, school  enrollment, grade configuration, and type of public school in accordance  with rules promulgated by the Commission for Arkansas Public School  Academic Facilities and Transportation.