53F-2-705. Grants for charter school start-up costs.

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/14/2019

(a)The State Charter School Board shall use money appropriated for charter school start-up costs to provide grants to charter schools to pay for expenses for the planning and implementation of a charter school.

(b)The State Charter School Board:

(i)may use up to 8% of the money appropriated for charter school start-up costs for financial monitoring of new charter schools and to provide professional development or technical assistance for charter school governing board members and staff of new charter schools; and

(ii)in accordance with rules adopted by the state board, may use up to $200,000 of the money appropriated for charter school start-up costs for a mentoring program for new and existing charter schools.

(2)The amount of a grant for charter school start-up costs shall be based on the authorized enrollment of the charter school.

(3)The state board shall make rules consistent with this section specifying:

(a)procedures for applying for and awarding grants for charter school start-up costs;

(b)permitted uses of grant money; and

(c)requirements for a charter school to submit the following to the State Charter School Board:

(i)a budget for the grant money; and

(ii)a final report on the expenditure of the grant money.

(4)The state board shall make rules establishing a mentoring program for new and existing charter schools.

Amended by Chapter 186 , 2019 General Session