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B.__In fiscal year 2006-07, an amount equivalent to 0.69% of | the total amount appropriated for general purpose aid for | local schools; |
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| C.__In fiscal year 2007-08, an amount equivalent to 1.5% of | the total amount appropriated for general purpose aid for | local schools; and |
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| D.__In fiscal year 2008-09, an amount equivalent to 2% of | the total amount appropriated for general purpose aid for | local schools. |
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| Any balance remaining in the fund at the end of any fiscal year | does not lapse and must be carried forward for the next fiscal | year. |
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| | 2.__Administration; plan for implementation of the fund.__The | department shall administer the fund or may contract for services | for administration of the fund.__The commissioner, in | consultation with the Executive Department, State Planning Office | and the other agencies, organizations and individuals determined | appropriate by the commissioner, shall establish an | implementation plan for the fund that includes, but is not | limited to, the following: |
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| A.__The establishment of criteria through which school | administrative units and municipalities may demonstrate | significant and sustainable savings in the cost of | delivering educational services and improved student | achievement through changes in governance, administrative | structure or adopted policy that result in the creation of | consolidated school administrative units, broad-based | purchasing alliances, enhanced regional delivery of | educational services or collaborative school-municipal | service delivery or service support systems; |
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| B.__Pursuant to criteria established in accordance with this | section, a school administrative unit or municipality may | apply to the commissioner for a distribution from the fund | during the period beginning with the start of fiscal year | 2005-06 and ending prior to the end of fiscal year 2008-09; | and |
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| C.__Pursuant to criteria established in accordance with this | section, the commissioner may authorize distributions from | the fund in the form of competitive and planning grants. |
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