Cal. Code Regs. tit. 5 § 17807

Current through Register 2024 Notice Reg. No. 50, December 13, 2024

Section 17807 - Charging of Expenditures

Reimbursement for net reimbursable program costs shall meet the following criteria:

(a) Costs must be incurred during the contract period.

(b) Contractors shall not use current year contract funds to pay prior or future year obligations.

(c) The cost of the annual independent audit may be claimed either in the contract period which was the subject of the audit or during the contract period in which the audit is completed.

Cal. Code Regs. Tit. 5, § 17807

1. New section filed 7-1-2022; operative 7-1-2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 26).

Note: Authority cited: Sections 8231 and 8247, Education Code. Reference: Sections 8231 and 8247, Education Code.

1. New section filed 7-1-2022; operative 7/1/2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 26).