Physical Plant and Equipment Levy (PPEL)
The school board may annually certify a regular Physical Plant and Equipment Levy (PPEL) in an amount up to 33 cents per thousand dollars of assessed valuation.
The voters may authorize a voted Physical Plant and Equipment Levy (VPPEL) for a period not exceeding ten years and in an amount not exceeding $1.34 per thousand dollars of assessed valuation. The VPPEL revenues may be used for the same purposes as the PPEL revenues. In addition, the board may obtain loans against future VPPEL revenues and may repay that debt with interest from the VPPEL. Iowa Code section 298.2.
This levy may be used for the following purposes: purchase and improvement of grounds; construction of schoolhouses or buildings and opening roads to schoolhouses or buildings; purchase, lease, or lease-purchase of equipment or technology exceeding $500 per transaction; payment of debts contracted for the erection or construction of schoolhouses or buildings, not including interest on bonds; procuring or acquisition of library facilities; repairing, remodeling, reconstructing, improving, or expanding the schoolhouses or buildings and additions to existing schoolhouses; expenditures for energy conservation; rental of facilities; purchase of transportation equipment for transporting students; purchase or lease-purchase of school buildings; equipment purchases for recreational purposes; payments to a municipality or other entity as required under section 403.19, subsection 2 [TIF]; and demolition, clean up and other costs incurred within two years of a natural disaster. Revenues may not be used for employee salaries or travel; supplies; printing costs or media services; or for any other purpose not expressly authorized by Iowa Code.
For specific appropriate and inappropriate uses of the PPEL fund and revenue sources, refer to Iowa Administrative Code chapter 281--98 and the Iowa Uniform Administrative Procedures Manual, chapter 9.
Below is an FAQ on Uses of PPEL Funding.
Physical Plant and Equipment FAQ This document answers questions regarding whole grade sharing agreements cannot include PPEL, transportation equipment and contracted services, equipment and student activities, energy conservation, rentals and leases, disposition of property, and equipment and technology (definitions, accounting, uses of funds, contracted services, HVAC systems, and fees and deposits).
The spreadsheets listed by school year are summaries of Physical Plant and Equipment Levies submitted to voters during each fiscal year.