State Board Policy
DESCRIPTOR TERM: Withholding Mississippi Adequate Education Program Funds
ADOPTION DATE: May 19, 1995
REVISION: November 21, 2008
WITHHOLDING OF FUNDS FOR FAILURE TO SUBMIT STUDENT, FISCAL, AND PERSONNEL DATA
The State Superintendent of Education may withhold payment of Mississippi Adequate Education Program funds to a school district which fails to submit reports containing student, fiscal and personnel data necessary to meet state and/or federal requirements on or before the due dates established by the State Superintendent of Education.
Upon written notification to the Department of Education from the Department of Finance and Administration, Office of Insurance, the State Superintendent of Education shall withhold payment of Mississippi Adequate Education Program funds to those districts that fail to remit premiums, interest penalties and/or late charges under the State and School Employees' Life and Health Insurance Plan. Noncompliance with these rules and regulations shall result in a violation of compulsory accreditation standards as established by the State Board of Education and Commission on School Accreditation.
Authority: Mississippi Code of 1972 as amended 1994 Section 37 19 342002 Section 37-151-95.