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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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