§ 47.9. What are the minimum requirements for the local educational financial plan?
125 words·~1 min read·
/us/cfr/t25/s§ 47.9·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The local educational financial plan must include:
(1)Separate funds for each group receiving a discrete program of services is to be provided, including each program funded through the Indian School Equalization Program;
(2)A budget showing the costs projected for each program; and
(3)A certification provision meeting the requirements of paragraph
(b)of this section.
(b)The certification required by paragraph (a)(3) of this section must provide for:
(1)Certification by the chairman of the school board that the plan has been ratified in an action of record by the board; and
(2)Certification by the Education Line Officer that he or she has approved the plan as shown in an action overturning the school board's rejection or amendment of the plan.