this section, the State’s share of school facilities capital outlay will be not less than 90 percent of the average of the State’s share of school facilities capital outlay for the 5 years preceding the fiscal year for which the allocation is received. (ii) Waiver Notwithstanding clause (i), in response to a request from a State, the Secretary may modify or waive, in whole or in part, the requirement of clause (i) if the Secretary determines that such State demonstrates an exceptional or uncontrollable circumstance, such as a natural disaster, pandemic, or precipitous decline in revenue. (iii) State’s share of school facilities capital outlay In this subparagraph, the term State’s share of school facilities capital outlay means— (I) the total State expenditures on school facilities capital outlay projects