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Code · Michigan · Chapter 380 — The Revised School Code

380.685 Payments from area vocational-technical education funds; computation; reimbursement; payment of percent of difference.

153 words·~1 min read·/mi/chapter-380/380-685

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380.685 Payments from area vocational-technical education funds; computation; reimbursement; payment of percent of difference.
Sec. 685.
An intermediate school board in which an area vocational-technical education program is established shall make payments from area vocational-technical education funds to those constituent districts and community colleges under contract serving the intermediate school district which operate area vocational-technical education centers. Payments shall be computed as follows: the total cost of an area vocational-technical education center shall be computed; and, from this amount shall be deducted the current state-federal vocational education reimbursement for the area vocational-technical education center.
All or part of the difference resulting shall be reimbursable by the intermediate school board. If the funds are not sufficient to make up this difference, a like percent of the difference shall be paid to all area vocational-technical education centers in the intermediate school district.
History: 1976, Act 451, Imd. Eff. Jan. 13, 1977
Popular Name: Act 451
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