2005 West Virginia Code - §18-9A-8. — Foundation allowance for administrative cost.

§18-9A-8. Foundation allowance for administrative cost.

For the fiscal year beginning on the first day of July, one thousand nine hundred ninety, the allowance for administrative cost shall be equal to one and twenty-five one-hundredths percent of the allocation for professional educators, as determined in section four of this article as of the first day of July, one thousand nine hundred ninety.
Distribution of the computed allowance for the fiscal year beginning on the first day of July, one thousand nine hundred ninety, shall be made as follows:
(1) Fifty-six percent of the allowance shall be distributed to the counties in equal amounts; and
(2) Forty-four percent of the allowance shall be distributed to the regional educational service agencies in accordance with rules adopted by the state board. The allowance for regional educational service agencies shall be excluded from the computation of total basic state aid as provided for in section twelve of this article.
For the fiscal year beginning on the first day of July, one thousand nine hundred ninety-one, and for each fiscal year thereafter, the allowance for administrative cost shall be equal to one hundred fifty dollars multiplied by the number of professional educators authorized in compliance with sections four and five-a of this article. The allowance shall be distributed to the counties in equal amounts.