34 C.F.R. § 76.567   Other expenditures—restricted rate.


Title 34 - Education


Title 34: Education
PART 76—STATE-ADMINISTERED PROGRAMS
Subpart F—What Conditions Must Be Met by the State and Its Subgrantees?
Indirect Cost Rates

Browse Previous |  Browse Next

§ 76.567   Other expenditures—restricted rate.

(a) As used in §76.564, other expenditures means the grantee's total expenditures for its federally- and non-federally-funded activities in the most recent year for which data are available. The term also includes direct occupancy and space maintenance costs as determined under §76.568 and costs related to the chief executive officers of the grantee and components of the grantee and their offices (see §76.565(c) and (d)).

(b) The term does not include—

(1) General management costs determined under §76.565;

(2) Fixed costs determined under §76.566;

(3) Subgrants;

(4) Capital outlay;

(5) Debt service;

(6) Fines and penalties;

(7) Contingencies; and

(8) Election expenses. However, the term does include election expenses that result from elections required by an applicable Federal statute.

(Authority: 20 U.S.C. 1221e–3(a)(1), 2831(a), 2974(b), and 3474)

[59 FR 59583, Nov. 17, 1994]

Browse Previous |  Browse Next


chanrobles.com


ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com