R277-709-7. Youth in Custody/LEA Fiscal Procedures

  (1) Ten percent of state youth in custody funds or educational contract funds not expended in the current fiscal year may be carried over by eligible LEAs and spent in the next fiscal year with written approval of the Superintendent.

  (2) An LEA shall submit a request to carry over funds for approval by August 1.

  (3) If approved, an LEA shall detail carry over amounts in a revised budget submitted to the Superintendent no later than October 1 in the year requested.

  (4) The Superintendent shall consider excess funds in determining the LEA's allocation for the next fiscal year.

  (5)(a) The Superintendent shall annually recapture fund balances in excess of ten percent no later than February 1.

  (b) The Superintendent shall reallocate funds recaptured in accordance with Subsection (5)(a) to the youth in custody programs based on the criteria and procedures provided by this rule.