The state board may consider and approve or reject district applications, program expenditures, and fund allocations, giving consideration to the guidelines under § 521.3 of this title (relating to Guidelines) and priorities under § 521.5 of this title (relating to Priorities), as well as other information deemed necessary by the state board. The state board may adjust eligible expenditures and allocations throughout the year in order to achieve the most efficient use of state funds.
31 Tex. Admin. Code § 521.9