(a) Each consortium, as defined under section 124D.518, subdivision 1 , must meet at least twice per year to develop and amend as necessary an annual consortium agreement signed by all members and filed with the Department of Education that at a minimum includes:
(1) a description of the members and fiscal agent of the consortium;
(2) a description of the contributions of each member of the consortium and the process for distributing state aid among the members; and
(3) the state adult basic education assurances from the annual adult basic education program application.
As a condition of membership in a consortium, each member must make a documented contribution toward the cost of adult basic education programming, either as a direct financial contribution, or an in-kind contribution.
(b) Each consortium's designated fiscal agent must:
(1) collect data from consortium members;
(2) submit required performance reports and fiscal reports to the state;
(3) receive state adult basic education aid under section 124D.531 for adult basic education programming delivered by the consortium; and
(4) distribute state adult basic education aid to members of the consortium according to the consortium agreement.