(a) In order to receive a grant under this chapter or an appropriation under Alaska Stat. § 37.05.560, a district must provide a percentage share of the project cost, as determined under (b) or (c) of this section. Except as provided in (d) or (g) of this section, a district shall provide the required participating share within three years after the date that the appropriation bill funding the grant is passed by the legislature.
Terms Used In Alaska Statutes 14.11.008
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- attendance area: means the geographic area designated by the department to be served by a school. See Alaska Statutes 14.60.010
- commissioner: means the commissioner of education and early development. See Alaska Statutes 14.60.010
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
- writing: includes printing. See Alaska Statutes 01.10.060
Full Value Per ADM District Participating Share
$1 – $150,000 5 percent
150,001 – 275,000 10 percent
275,001 – 500,000 20 percent
500,001 – 800,000 30 percent
over 800,000 35 percent.
(c) The required participating share for a regional educational attendance area is two percent. The participating share for any district may be satisfied by money from federal, local, or other sources, or with locally contributed labor, material, or equipment.
(d) If a district with full value per ADM of $200,000 or less can demonstrate in writing that it is unable to provide the required participating share or that the participating share required under this section will jeopardize receipt of federal assistance, the commissioner may waive all or a portion of the required participating share.
(e) State funds provided under this chapter may not be a source of the participating share required under (b) or (c) of this section.
(f)[Repealed, Sec. 11 ch 3 SSSLA 2002.]
(g) The commissioner may extend the time allowed for a district to provide the required participating share for an additional period of not more than seven years if the district applies to the commissioner in writing to request an extension and demonstrates good cause for the requested extension. The commissioner may find good cause if
(1) a request for extension identifies a project constraint that requires a reasonable extension of time;
(2) the extension will not jeopardize the successful completion of the project as described in a grant agreement under Alaska Stat. § 14.11.017;
(3) the extension will not result in an increase of state funding of the project cost; and
(4) the district demonstrates a good faith effort to secure funding for its participating share within the time required by (a) of this section and reasonably expects to secure the funding within the additional time requested by the extension.
