§ 47.9 - What are the minimum requirements for the local educational financial plan?

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The local educational financial plan must include:

Separate funds for each group receiving a discrete program of services is to be provided, including each program funded through the Indian School Equalization Program;

A budget showing the costs projected for each program; and

A certification provision meeting the requirements of paragraph (b) of this section.

The certification required by paragraph (a)(3) of this section must provide for:

Certification by the chairman of the school board that the plan has been ratified in an action of record by the board; and

Certification by the Education Line Officer that he or she has approved the plan as shown in an action overturning the school board's rejection or amendment of the plan.