What does the Instructional Facilities Allotment (IFA) assist school districts with?

The Instructional Facilities Allotment (IFA) is designed specifically to help school districts cover costs associated with the construction, acquisition, or renovation of instructional facilities. This support is directed towards helping districts pay off the debt service on qualified bonds that they have issued to fund these projects. By providing this financial assistance, the IFA aims to alleviate the burden of facility-related expenses, ensuring that schools can operate in safe and suitable environments conducive to learning.

The other options focus on different areas of educational funding. For instance, curriculum development funding is not the primary intention of the IFA, as it is more focused on physical infrastructure rather than educational programs. Teacher salary enhancements typically fall under different funding initiatives aimed at improving staff compensation, while student transportation costs relate to logistics rather than facility expenses. Thus, the core function of the IFA is to support school districts in managing their facility financing, making it a crucial aspect of educational infrastructure funding.