(5) Payments shall be made to the children's residential
facility in twelve (12) equal monthly payments, by the fifth day
of each month, within the operating school year. A student
enrolled in a children's residential facility shall be included
in the average daily membership of the student's district of
residence for the purpose of providing basic education funding
payments and special education funding pursuant to this article.
If a school district fails to make a payment to a children's
residential facility as prescribed in this paragraph, the
Secretary of Education shall deduct the estimated amount, as
documented by the children's residential facility, from all
State payments made to the district after receipt of
documentation from the children's residential facility.
(6) Within thirty (30) days after the Secretary of Education
makes a deduction under paragraph (5), a school district may
notify the secretary that the deduction made from State payments
to the district under this subsection is inaccurate. The
secretary shall provide the school district with an opportunity
to be heard concerning whether the children's residential
facility documented that its students were enrolled in the
children's residential facility, the period of time during which
each student was enrolled, the school district of residence of
each student and whether the amounts deducted from the school
district were accurate.
(b) It shall be lawful for any children's residential
facility to receive, hold, manage and use, absolutely or in
trust, any devise, bequest, grant, endowment, gift or donation
of any property, real or personal and/or mixed, which shall be
made to the children's residential facility for any of the
purposes of this article.
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