Capital projects funding is developed to address a school district's larger scale renovation or replacement needs. The program is divided into two parts - Major and Minor Capital Improvements.
Major Capital projects are typically larger scale and larger scope projects funded in part with bond money school districts raise by referenda and in part by the State. Examples of Major Capital projects would be installation of a new building-wide heating and ventilating system or an overall renovation of an elementary school. A school district's Major Capital Improvements Program is commonly planned in three or five-year cycles and usually requires approval in Columbus by the OSFC and may require voter approval.