13-39A-21. Apportionment and distribution of funds to LEAs. The secretary shall apportion and distribute funds made available for postsecondary technical institutes through a formula approved by the board to the LEAs having jurisdiction over postsecondary technical institutes to assist in maintaining and operating those schools. The use of the funds is subject to rules promulgated by the board pursuant to § 13-39A-18 and in accordance with the approved state plan for career and technical education. However, the formula approved by the board may not reduce or increase the apportionment and distribution to any postsecondary technical institute as a result of any municipal, county, or LEA financial support.
Source: SL 2017, ch 81, § 21.