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 adddition, 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 of buildings and the purchase, lease, or lease-purchase of a single unit of equipment or technology exceeding $500 in value; 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 under chapter 28E; purchase of transportation equipment for transporting students; lease-purchase option agreements for school buildings; equipment purchases for recreational purposes; and payments to a municipality or other entity as required under section 403.19, subsection 2 [TIF]. Revenues may not be used for any 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 are the FAQs in regard to the PPEL Technology Declaratory Order.
The spreadsheets listed by school year are summaries of Physical Plant and Equipment Levies submitted to voters during each fiscal year.