School Readiness Restricted Account -- Creation -- Funding -- Distribution of funds.

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  • (1) There is created in the General Fund a restricted account known as the "School Readiness Restricted Account".
  • (2) The School Readiness Restricted Account consists of:
    • (a) money appropriated by the Legislature;
    • (b) all income and interest derived from the deposit and investment of money in the account;
    • (c) federal grants; and
    • (d) private donations.
  • (3) Subject to legislative appropriations, money in the restricted account may be used:
    • (a) to award a grant under Section 35A-15-301 or 35A-15-302;
    • (b) to contract with an evaluator;
    • (c) to fund the participation of eligible students in a high quality school readiness program through a results-based contract; and
    • (d) for administration costs and to monitor the programs described in this part.




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