Section 53F-2-705 - Grants for charter school start-up costs(1)(a) The State Charter School Board shall use money appropriated for charter school start-up costs to provide grants to charter schools to pay for expenses for the planning and implementation of a charter school.(b) The State Charter School Board: (i) may use up to 8% of the money appropriated for charter school start-up costs for financial monitoring of new charter schools and to provide professional development or technical assistance for charter school governing board members and staff of new charter schools; and(ii) in accordance with rules adopted by the state board, may use up to $200,000 of the money appropriated for charter school start-up costs for a mentoring program for new and existing charter schools.(2) The amount of a grant for charter school start-up costs shall be based on the authorized enrollment of the charter school.(3) The state board shall make rules consistent with this section specifying: (a) procedures for applying for and awarding grants for charter school start-up costs;(b) permitted uses of grant money; and(c) requirements for a charter school to submit the following to the State Charter School Board: (i) a budget for the grant money; and(ii) a final report on the expenditure of the grant money.(4) The state board shall make rules establishing a mentoring program for new and existing charter schools.Amended by Chapter 186, 2019 General Session ,§ 224, eff. 5/14/2019.Renumbered from § 53A-1a-513.5 and amended by Chapter 2, 2018 General Session ,§ 64, eff. 1/24/2018.Added by Chapter 318, 2012 General Session ,§ 2, eff. 5/8/2012.