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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 1806 (March 30, 2024).

22 Pa. Code § 349.30. Sale or lease of school buildings.

§ 349.30. Sale or lease of school buildings.

 (a)  Replaced buildings. The proceeds from the sale or lease of any school building or buildings which are replaced by a reimbursable school building project shall be placed into a bond redemption fund or otherwise used to reduce the reimbursable amortization of the new project.

 (b)  Lease for public school purposes. Any closed school building which is leased by a school district to another entity for a public school program or programs shall not be subject to reimbursement cancellation as indicated in §  349.28(c) (relating to closing of school buildings). The proceeds of such lease shall be used to reduce any reimbursable amortization of the building.

 (c)  Lease for other purposes. Any lease for a building which has been closed to public school use, but which has been approved for continuing reimbursement by the Department, must receive preapproval from the Department. The proceeds from any such approved lease shall be placed in a bond redemption fund, or otherwise used to reduce the reimbursable amortization of the building.

 (d)  Lease of portions of an operating facility. When a school district leases a portion of an operating public school facility upon which amortization reimbursement is being received, the gross rental receipts shall be placed with the trustee in a bond redemption fund. Such funds, plus interest earned thereon, must be identified and used to reduce the cumulative annual amortization cost of the bond issue.

 (e)  Lease amount. When a school district enters into a lease for any of its facilities, such lease shall differentiate between amounts of money being received in lieu of maintenance and operation expenses and amounts being received as rental receipts.


   The provisions of this §  349.30 amended November 3, 1978, effective March 10, 1979, 9 Pa.B. 775. Immediately preceding text appears at serial page (38649).

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