| | | A.__Has legal authority as a fiscal entity functionally | | equivalent to that of a school administrative unit; |
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| | | B.__Is entitled to receive reimbursement from the State for | | 5 consecutive years of an amount equal to a percentage of | | the total cost of salary and benefits of one full-time | | equivalent regional staff member in accordance with the | | following schedule: |
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| | | (1)__In the first year, 100%; |
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| | | (2)__In the 2nd year, 80%; |
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| | | (3)__In the 3rd year, 60%; |
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| | | (4)__In the 4th year, 40%; and |
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| | | (5)__In the 5th year, 20%; |
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| | | C.__Is entitled to receive for 5 consecutive years | | reimbursement of 25% of the amount paid by the participating | | school administrative units for locally approved graduate | | courses for teachers; |
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| | | D.__Is eligible to receive regionwide services software, | | purchased by the State; |
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| | | E.__Is eligible to receive state assistance for providing | | regional services training programs; and |
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| | | 4.__Efficient school units with student populations less than | | 1,000.__Except as otherwise provided by subsection 7 or section | | 3706, subsection 3, an efficient school unit that has an | | aggregate resident student population of 1,000 or less, as | | recorded by the department, on the date of its certification | | under section 3706 is entitled to receive: |
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| | | A.__For 5 consecutive years, an increase in general purpose | | aid equivalent to 5% of the state share of the operating | | allocations for the efficient school unit for the fiscal | | year in which it was certified under section 3706; and |
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| | | B.__For 5 consecutive years, reimbursement from the State in | | an amount equivalent to 25% of any non-state-supported major | | capital construction debt approved by the commissioner and | | incurred prior to July 1, 2004 by the efficient school unit. |
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| | | 5. Efficient school units with student populations of 1,000 to | | 2,500.__Except as otherwise provided by subsection 7 or section | | 3706, subsection 3, an efficient school unit that has an |
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