Section 47.9 - What are the minimum requirements for the local educational financial plan?(a) The local educational financial plan must include:(1) 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;(2) A budget showing the costs projected for each program; and(3) A certification provision meeting the requirements of paragraph (b) of this section.(b) The certification required by paragraph (a)(3) of this section must provide for: (1) Certification by the chairman of the school board that the plan has been ratified in an action of record by the board; and(2) 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.