North Carolina General Statutes Chapter 115C. Elementary and Secondary Education § 115C-238.54A. Cooperative innovative high schools--supplemental allotment funding based on county development tier designation

Current as of January 01, 2023 | Updated by Findlaw Staff

(a) Allocation of Funding.--The Department shall allocate cooperative innovative high school supplemental allotment funds to local school administrative units with a cooperative innovative high school approved pursuant to G.S. 115C-238.51A(c) based on developmental tier area, as defined in G.S. 143B-437.08, as follows:

(1) Local school administrative units located in a development tier one area shall be allocated the sum of two hundred seventy-five thousand dollars ($275,000) in recurring funds for each cooperative innovative high school in the unit, except as follows:

a. For the Northeast Regional School of Biotechnology and Agriscience, the Department shall allocate the sum of three hundred ten thousand dollars ($310,000) in recurring funds from the regional school supplemental allotment for the school for each fiscal year.

b. For a virtual cooperative innovative high school, the Department shall allocate the sum of two hundred thousand dollars ($200,000) in recurring funds to the local school administrative unit for each fiscal year.

(2) Local school administrative units located in a development tier two area shall be allocated the sum of two hundred thousand dollars ($200,000) in recurring funds for each cooperative innovative high school in the unit.

(3) Local school administrative units located in a development tier three area shall be allocated the sum of one hundred eighty thousand dollars ($180,000) in recurring funds for each cooperative innovative high school in the unit.

(b) Applicability of Funds.--The allotment of funds to local school administrative units pursuant to subsection (a) of this section shall include cooperative innovative high schools approved pursuant to G.S. 115C-238.51A(c) operated by a local school administrative unit regardless of not receiving allotments in a prior fiscal year. Funds shall not be allocated to local school administrative units for cooperative innovative high schools approved by the State Board pursuant to G.S. 115C-238.51A(b).

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 115C. Elementary and Secondary Education § 115C-238.54A. Cooperative innovative high schools--supplemental allotment funding based on county development tier designation - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-115c-elementary-and-secondary-education/nc-gen-st-sect-115c-238-54a/

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