School Facility Improvement District (SFID) - Definition & Meaning

A School Facility Improvement District (SFID) is a local governmental entity or special district formed to address the planning, funding, and management of school facility construction and improvement projects within a specific geographic area or school district.

SFIDs are typically created to finance and oversee school construction, modernization, and maintenance projects. They may issue bonds or levy assessments on property owners within the district to generate revenue for these projects.

The goal of an SFID is to ensure that schools within its jurisdiction have safe, well-maintained facilities that support effective teaching and learning.

SFIDs often work in collaboration with school districts, educational authorities, and local communities to prioritize and fund school facility projects.

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