Iowa Code r. 281-46.9 - Distribution of career and technical education funds
(1) An approved regional career and technical
education planning partnership is eligible to receive state funds for school
districts and community colleges participating in the regional career and
technical education planning partnership for purposes allowed under subrule
46.10(6).
a. At the beginning of a fiscal
year, the department will assign to each partnership a portion of the total
designated career and technical education funds appropriated to the department.
The department will disburse funds to a partnership following approval of the
multiyear plan pursuant to subrule 46.10(2).
b. Each partnership will be assigned a
portion of the total career and technical education funds based on the
following formula:
(1) Half of the total
career and technical education funds to be disbursed equally between the
approved partnerships.
(2) Half of
the total career and technical education funds to be disbursed based on the
number of students enrolled in approved career and technical education
programs.
(2)
All federal funds shall be spent pursuant to the state plan pursuant to the
federal Carl D. Perkins Career and Technical Education Improvement Act of 2006,
codified at 20 U.S.C. ยง
2301 et seq., as amended.
(3) An approved regional career and technical
education planning partnership receiving funds under this rule will comply with
financial monitoring processes established by the department.
a. At the end of the state fiscal year, the
fiscal agent of an approved regional career and technical education planning
partnership will submit to the department financial forms and other evidence
documents necessary for the department to complete a comprehensive review of
all transactions completed during the previous fiscal year that involve state
and federal funds issued to the approved regional career and technical
education planning partnership by the department. Documentation will be
submitted by the regional career and technical education planning partnership
in a manner prescribed by the department.
b. Instances of transactions involving state
and federal funds issued to an approved regional career and technical education
planning partnership that are found to be noncompliant with state and federal
regulations governing the use of such funds, including subrule 46.10(6), will
be documented by the department.
(1) The
fiscal agent of the approved regional career and technical education planning
partnership will be notified of any instances of noncompliance, and prepare, in
consultation with the regional career and technical education planning
partnership and department, a corrective action plan. The plan will, at a
minimum, detail the policies and procedures to be implemented by the fiscal
agent to ensure that subsequent transactions involving state and federal funds
issued to the regional career and technical education planning partnership are
compliant with applicable state and federal regulations.
(2) The corrective action plan is to be
approved by the regional career and technical education planning partnership
and submitted to the department for approval through the annual approval
process established under subrule 46.10(2). The department will review and
approve or deny approval of the corrective action plan. A regional career and
technical education planning partnership required to create a corrective action
plan must secure approval of the corrective action plan to be awarded
continuing approval. A regional planning partnership that fails to secure
continuing approval is subject to paragraph
46.10(2)"c."
Notes
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