§ 17221 School District Lease Payment Reduction

• •If a school district leases out property, the money they earn from that lease can be used to pay off school construction loans.
• •The more money the district makes from leasing property, the less they have to pay in other fees.
• •This rule helps schools save money when building or fixing school buildings.

A school district rents out an empty field to a local farmer for parking.

The money the school gets from the farmer can be used to pay back loans for building a new school gym. This means the school doesn’t have to pay as much in other fees.