Section 460 - Project Income(a) Project income is defined as profit resulting from activities related to the project and is the amount of income remaining after deducting costs.(b) Income may be generated through, but not limited to, the following activities:(1) The sale of publications, videos, and other materials developed by the project with these grant funds.(2) Conference and training registration fees.(3) Interest earned on generated income.(c) Project income must be used for allowable costs that further the services and activities of the project, excluding the payment of salaries and benefits.(d) Project income must be reported pursuant to Section 473 of these regulations.Cal. Code Regs. Tit. 11, § 460
1. New section filed 5-6-2002 as an emergency; operative 5-6-2002 (Register 2002, No. 19). A Certificate of Compliance must be transmitted to OAL by 9-3-2002 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 5-6-2002 order transmitted to OAL by 8-30-2002 and filed 10-10-2002 (Register 2002, No. 41). Note: Authority cited: Sections 13825.3(c) and 13825.5, Penal Code. Reference: Section 13825.4, Penal Code.
1. New section filed 5-6-2002 as an emergency; operative 5-6-2002 (Register 2002, No. 19). A Certificate of Compliance must be transmitted to OAL by 9-3-2002 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 5-6-2002 order transmitted to OAL by 8-30-2002 and filed 10-10-2002 (Register 2002, No. 41).