The State Cost-Share authorized by the approving authority will be the final value, except in the circumstances described below.
If the Report to the Legislature provided pursuant to Section 572(h) contains an increased State Cost-Share because the Project includes plans for attainment of the Habitat Objective, Open Space Objective, Recreation Objective, or Combination Objective, the Department or Board shall include a recommendation that the Department or Board be given authority to make adjustments to the State's Cost-Share in the event that there is a difference between the planned and actual expenditures made toward attainment of these Objectives. If the Legislature gives the Department or Board authority to make adjustments, the final State Cost-Share will be established at the Project completion/closeout, or any final audit, if any. The State Cost-Share towards these enhancements will be based on the final contribution to each Objective made by the Sponsor. Adjustments to the State's Cost-Share will be reported to the Legislature, as provided for in Section 572(g)(4).
For small flood management projects authorized by Section 12750, the Department shall determine the State's Cost-Share and the Department may adjust the State's Cost-Share if there are changes to the Project or differences between planned and actual expenditures toward the Habitat Objective, Open Space Objective, Recreation Objective, or Combination Objective.
Cal. Code Regs. Tit. 23, § 576
2. Amendment of section heading, section and NOTE and amendment of Appendix I filed 7-5-2012; operative 8-4-2012 (Register 2012, No. 27).
Note: Authority cited: Sections 12582.7, 12585.7 and 12601, Water Code. Reference: Sections 12585.7 and 12750, Water Code.
2. Amendment of section heading,section and Note and amendment of Appendix I filed 7-5-2012; operative 8-4-2012 (Register 2012, No. 27).