| | | B. Operation and maintenance of plant.__The per-pupil amount | | for "operation and maintenance of plant" is the actual | | operation and maintenance of plant expenditures, as defined | | in the State's accounting handbook for local school systems, | | for the most recent year available excluding expenditures | | for leases and the purchase of land and buildings, divided | | by the average October and April enrollment counts for that | | fiscal year and then inflated to an estimated allocation | | year level by a 10-year average increase in the Consumer | | Price Index or other comparable index; |
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| | | C. Supplies and equipment; |
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| | | D. Cocurricular and extracurricular activities; |
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| | | E. Professional development; and |
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| | | F. Instructional leadership support. |
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| | | 2. Fiscal year 2005-06.__For fiscal year 2005-06, the | | commissioner shall submit the per-pupil amounts for additional | | cost components under subsection 1 to the state board for | | approval. |
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| | | 3. Fiscal year 2006-07 and beyond.__For fiscal year 2006-07 | | and for each subsequent year, the commissioner shall recalculate | | the per-pupil amounts for additional cost components under | | subsection 1 using the amounts approved by the state board under | | subsection 2 as a base and appropriate trends in the Consumer | | Price Index or other comparable index. |
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| | | 4. Review; approval.__Beginning in fiscal year 2008-09, and at | | least every 3 years thereafter, the commissioner, using | | information provided by a statewide education policy research | | institute, shall review the essential programs and services | | components under this Act and shall submit any recommended | | changes to the state board for approval. |
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| | | 1.__Eligibility.__In order for a school administrative unit to | | receive targeted funds under this section, the school | | administrative unit must meet the following eligibility criteria. |
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| | | A. To receive targeted student assessment funds calculated | | pursuant to subsection 2, a school administrative unit must be in | | compliance with applicable state statutes and department rules | | regarding local assessment systems for the system of learning | | results established in section 6209 and be in compliance with | | applicable federal statutes and |
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