15-206. Federal grants for educational
purposes; administration
A. The state board of education may accept on behalf of this state from any federal
agency monies which have been appropriated by act of Congress for defense in education,
reduction of illiteracy, teaching of immigrants, employment and training, educational
support services or other educational purpose.
B. The state board of education shall not reserve funds for state use in excess of
actual cost not to exceed ten per cent of the grants to this state for provision to
school district governing boards under the elementary and secondary education act of
1965, as amended (20 United States Code sections 2911 through 2952 and 2971 through
2976).
C. The state board of education, following regular educational fiscal procedure for
counties, shall be the chief educational authority for administration and supervision of
the expenditure of federal appropriations described in subsection A, and the state
treasurer shall be trustee thereof.
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