KRS 65.944(1)(b) and 702 KAR 3:300 establish the requirement and procedures for school district leases in excess of $100,000 to be approved by the Commissioner of Education. In addition, a district may request the approval of a technology lease agreement in excess of $100,000 by completing the Technology Leases Over $100,000 Checklist below and submitting the completed checklist along with the district’s proposed technology lease agreement and other required documents by e-mail to Jeffery Coulter (firstname.lastname@example.org
) and copy Denise Hartsfield (email@example.com
) at the Kentucky Department of Education, Division of District Support.
702 KAR 3:300, Section 2 limits technology lease term to 3 years. Districts planning to enter into a technology lease with a lease term greater than 3 years, must be granted a waiver of 702 KAR 3:300, Section 2 by the Kentucky Board of Education (KBE) through the Kentucky Department of Education (KDE). Technology leases with a lease term greater than 3 years will be considered by KDE for approval and KDE will request retroactive ratification of the waivers from the KBE on behalf of the districts as needed.