(a) The cost of implementing and operating the Riverside Vocational and Technical School at facilities of the Division of Correction and the Division of Community Correction as authorized by this section and §§ 12-29-306 — 12-29-309 shall be borne by the state and shall be paid from funds appropriated by the General Assembly to the school, the Division of Correction, and the Division of Community Correction, together with any federal funds that may be available for this purpose in the following manner:
(1) The cost of facilities and equipment in excess of the amount of moneys provided by the school shall be borne by the Division of Correction and the Division of Community Correction as approved by the Board of Corrections; and
(2)
(A) This section and §§ 12-29-306 — 12-29-309 contemplate that the Division of Correction and the Division of Community Correction will provide facilities for the vocational and technical education programs operated by the school.
(B) However, nothing in this section and §§ 12-29-306 — 12-29-309 shall prohibit the Career Education and Workforce Development Board from providing facilities or sharing in the cost of facilities and from providing or sharing in the cost of repairing, maintenance, and upkeep of the buildings and facilities with the Division of Correction and the Division of Community Correction as funds are provided by the General Assembly, or are otherwise available for these purposes.
(b) The school shall be administered under the direction and supervision of the chief administrative officer of the Corrections School System or the Director of the Riverside Vocational and Technical School under the direct authority of the Board of Directors of the Corrections School System.