The State Board also may use any such session or sessions to assess the degree to which a particular RESA has attained any or all identified state board goals and objectives, using assessment tools the Board shall cause to be developed. Additionally, any such session or sessions may include receipt of general and specific suggestions from the State Superintendent of Schools in regard to RESAs' overall missions and objectives as well as the degree to which the State Superintendent determines a particular RESA has or RESAs have attained identified state board goals and objectives. The board of directors of each RESA shall adopt an annual basic operating budget for the next fiscal year at a meeting held no later than April to be approved by the State Board. The county board so selected shall receive and disburse funds in accordance with policies adopted by the board of directors and the West Virginia Board of Education. A county board of education serving as a RESA fiscal agent may not initiate action, direct the RESA's program or substitute its judgment for that of the board of directors.
Control is vested in the board of directors.
However, the county board of education may reject an action of the board 126CSR72 of directors on a legal basis. Each RESA shall make provisions for annual audits of its fiscal operations in accordance with that required of county boards of education. A special account will be established for RESA funds by any county acting as a fiscal agent. Monthly financial reports shall be made to the board of directors and to the State Board. In the event a RESA is dissolved or discontinued, any property, furniture, equipment, supplies, etc., will be divided equitably among the member counties.