W. Va. Code R. § 126-185-5

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 126-185-5 - Transfer of Funds and Allowance for Funds in Intercounty Transfer Arrangements pursuant to W. Va. Code Section18-9A-14

5.1. Intercounty transfer arrangements must contain (a) provision(s) detailing any financial considerations pertaining to the arrangement, including the amount of any funds to be transferred by the sending county to the receiving county. Any amount to be transferred on a per-pupil basis shall not exceed the per pupil allocation in the state aid formula received by the sending county in the fiscal year in which the intercounty transfer takes place.

5.2. Subject to appropriations by the Legislature, funds equal to the amount agreed upon in the Intercounty Transfer Arrangement under section 5.1 will be provided to the sending county in the year in which the transfer of students occurs.

5.3. Subject to appropriations by the Legislature, funds equal to one-half of the amount agreed upon in the Intercounty Transfer arrangement under section 5.1 will be provided to the sending county in the first year after the transfer occurs.

5.4. Subject to appropriations by the Legislature, funds equal to one-fourth of the amount agreed upon in the Intercounty Transfer Arrangement under section 5.1 will be provided to the sending county in the second year after the transfer occurs.

5.5. Any amount otherwise payable to the sending county under sections 5.2, 5.3, and 5.4 shall be reduced by the WVBE by an appropriate amount should professional or service personnel obtain full-time employment pursuant to the terms of W. Va. § 18A-4-8i.

5.5.a. The appropriate amount shall be calculated as 50 percent of the amount otherwise payable for the year.

W. Va. Code R. § 126-185-5