(a) The State Board of Education shall develop and adopt a model contract and model interlocal agreement that a school district can tailor to its needs for adopting a participating program in the Reengagement System and Differentiated Pathway to a High School Diploma Program.

(b) A model contract or model interlocal agreement shall address without limitation:

(1) The responsibilities of identifying, referring, and enrolling eligible students;

(2) Instruction and services to be provided as part of a participating program;

(3) The responsibilities for data collection and reporting, including student transcripts and data required by the Department of Education;

(4) Administration of the high school student assessments or their equivalent;

(5)

(A) Uniform financial reimbursement rates per full-time equivalent eligible student enrolled in a participating program, calculated and allocated as a statewide annual average of public school funding and including enhancements for students enrolled in college classes and workforce readiness programs.

(B) Financial reimbursement may include a uniform administrative fee to be retained by the school district;

(6) The responsibilities for providing special education or related services for eligible students with disabilities who have an individualized education plan;

(7) Minimum instructional staffing ratios for participating programs offered by community-based organizations such as the Arkansas National Guard Youth Challenge Program, which are not required to be the same as for other basic education programs in school districts; and

(8) Performance measures that are required to be reported to high school counselors for the purpose of accountability, including longitudinal monitoring of student progress.

(c) An eligible student enrolled in a participating program is considered a regularly enrolled student of the school district in which he or she is enrolled.