Flexibility in the use of certain related to basic program funds

(1) As used in this section, "qualifying program" means: (a) the Enhancement for Accelerated Students Program created in Section 53F-2-408; (b) the early college programs described in Section 53F-2-408.5; and (c) the concurrent enrollment program established in Section 53E-10-302. (2) If a school district or charter school receives an allocation of state funds for a qualifying program that is less than $10,000, the LEA governing board of the receiving school district or charter school may: (a) (i) combine the funds with one or more qualifying program fund allocations each of which is less than $10,000; and (ii) use the combined funds in accordance with the program requirements for any of the qualifying programs that are combined; or (b) (i) transfer the funds to a qualifying program for which the school district or charter school received an allocation of funds that is greater than or equal to $10,000; and (ii) use the combined funds in accordance with the program requirements for the qualifying program to which the funds are transferred.