53F-7-202. Distribution of one-time funding for student and school support.
(1) Subject to legislative appropriations, the state board shall allocate one-time funding appropriated for student and school support in accordance with this section by: for charter schools: distributing an amount that is equal to the product of: charter school enrollment on October 1 in the prior year, or projected enrollment for a charter school in the charter school's first year of operations, divided by enrollment on October 1 in public schools statewide in the prior year; and the total amount available for distribution; and allocating to each charter school: an equally divided portion of 20% of the amount described in Subsection; and (1)(a)(i) 80% of the amount described in Subsectionon a per-student basis; and (1)(a)(i) for school districts, distributing the remainder of funds available for distribution after the distribution to charter schools under Subsectionby allocating to each school district: (1)(a) a base allocation relative to student enrollment as follows: for a school district with enrollment less than 1% of total state enrollment, $500,000; for a school district with enrollment of between 1% and 5% of total state enrollment, $350,000; and for a school district with enrollment greater than 5% of total state enrollment, $200,000; and after the base allocation described in Subsection, the remainder on a per-student basis. (1)(b)(i)
(2) An LEA shall: use funds that the state board distributes under this section to support students and schools through one-time priorities that the relevant local governing board approves, including student safety, technology, instructional materials, and capital facility improvements; and submit to the state board, using the survey described in Subsection, an accounting of the LEA's use of the funds that the state board distributes under this section for the given fiscal year. (3) Subsectiondoes not require state board authorization or approval of an LEA expenditure. (2)(a)
(3) The state board shall: create a one-page survey to allow LEAs to report the LEA's expenditures as described in Subsection; and (2)(a) after the close of each fiscal year, report to the Public Education Appropriations Subcommittee at or before the subcommittee's October meeting regarding expenditures described in this section statewide the previous fiscal year.
(4) An LEA may use funds distributed under this section in a given fiscal year over multiple fiscal years.