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(a)
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(1) The Division of Youth Services shall establish a method to calculate state costs saved that are realized from a reduction in the number of secure out-of-home placements.
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(2)
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(A) The division shall develop a reinvestment plan to redirect savings realized from a reduction in the number of secure out-of-home placements.
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(B) The division shall complete the development of the reinvestment plan under subdivision (a)(2)(A) of this section by July 1, 2020.
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(C) The reinvestment plan developed by the division shall:
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(i) Support the legislative intent and purposes of this subchapter by redirecting savings in state costs that are realized from a reduction in the number of secure out-of-home placements;
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(ii) Describe the methods and procedures to redirect savings in state costs from a reduction in the number of secure out-of-home placements through the reallocation of resources under § 19-4-522;
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(iii) Describe the method to calculate savings in state costs from a reduction in the number of secure out-of-home placements;
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(iv) Describe criteria to redirect savings in state costs to implement juvenile justice reform initiatives through evidence-based programs provided by community-based providers, including without limitation requirements for:
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(a) Applications;
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(b) Awards;
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(c) Performance measures; and
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(d) Monitoring processes; and
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(v) Describe the methods and procedures to be used to monitor the use of redirected savings in state costs.
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(b) The division shall include in its annual report:
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(1) A summary of the data and method used to calculate savings in state costs that are realized from the reduction in the number of secure out-of-home placements;
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(2) The total amount of savings generated from the reduction in the number of secure out-of-home placements;
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(3) The impact of reductions in secure out-of-home placements and the redirection of savings in state costs from the reduction in the number of secure out-of-home placements on public safety and outcomes for youths and families; and
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(4) The overall residential budget and present and future facility needs.
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(c) The General Assembly shall consider the summary of savings in making appropriations to the division to allow for the support and expansion of proven effective community-based alternatives to secure out-of-home placements for youths who otherwise would have been committed to the division.