N.C. Gen. Stat. § 115C-238.54A: Cooperative innovative high schools - supplemental allotment funding based on county development tier designation.

(a) Allocation of Funding. - The Department shall allocate cooperative innovative high school supplemental allotment funds to local school administrative units with a cooperative innovative high school approved pursuant to G.S. 115C-238.51A(c) based on developmental tier area, as defined in G.S. 143B-437.08, as follows:

(1) Local school administrative units located in a development tier one area shall be allocated the sum of two hundred seventy-five thousand dollars ($275,000) in recurring funds for each cooperative innovative high school in the unit, except as follows:

a. For the Northeast Regional School of Biotechnology and Agriscience, the Department shall allocate the sum of three hundred ten thousand dollars ($310,000) in recurring funds from the regional school supplemental allotment for the school for each fiscal year.

b. For a virtual cooperative innovative high school, the Department shall allocate the sum of two hundred thousand dollars ($200,000) in recurring funds to the local school administrative unit for each fiscal year.

(2) Local school administrative units located in a development tier two area shall be allocated the sum of two hundred thousand dollars ($200,000) in recurring funds for each cooperative innovative high school in the unit.

(3) Local school administrative units located in a development tier three area shall be allocated the sum of one hundred eighty thousand dollars ($180,000) in recurring funds for each cooperative innovative high school in the unit.

(b) Applicability of Funds. - The allotment of funds to local school administrative units pursuant to subsection (a) of this section shall include cooperative innovative high schools approved pursuant to G.S. 115C-238.51A(c) operated by a local school administrative unit regardless of not receiving allotments in a prior fiscal year. Funds shall not be allocated to local school administrative units for cooperative innovative high schools approved by the State Board pursuant to G.S. 115C-238.51A(b). (2025-92, s. 2.9(d); 2025-97, s. 2.1(a).)