Purpose
The purpose of this rule development to update the publication, State Requirements for Educational Facilities 2012 (SREF), which is incorporated by reference in the rule. The publication includes provisions related to the acquisition and disposal of real property and the establishment of depository accounts by district school boards and Florida College System institution boards of trustees. The proposal would amend SREF section 1.4 to create a new paragraph (4) to require that boards deposit proceeds of the sale of land or other real property in a depository account established pursuant to SREF section 2.1(4)(a)-(h), credit the proceeds to the fund source used for the original acquisition, and expend funds only for capital outlay purposes. The proposal would also require that, if the fund source for the original acquisition cannot be determined, the proceeds from the sale shall be credited to the fund source for proceeds from the sale of real property pursuant to SREF section 2.1(4)(h) and shall be expended only on capital outlay projects. The proposal would require the same if the acquisition was by private grant or donation, unless otherwise prescribed in writing by the grantor or donor. Finally, the proposal would provide that the new paragraph does not apply to the granting of easements, rights-of-way or leases of board property for no consideration.