The following requirements apply to the funding sources identified in section 3900(b), (d), and (g).
In no case shall the indirect cost rate charged exceed three percent of a district's funding, or the districtwide restricted indirect cost rate approved by the California Department of Education, whichever is less. This rate shall be applied to the total direct expenditures, less capital outlay, for these programs.
Cal. Code Regs. Tit. 5, § 3947
2. Amendment of first paragraph and subsection (b)(1), repealer of subsection (b)(2), subsection renumbering, and amendment of NOTE filed 6-23-99; operative 7-23-99 (Register 99, No. 26).
3. Change without regulatory effect amending first paragraph and subsections (a) and (b) filed 12-23-2010 pursuant to section 100, title 1, California Code of Regulations (Register 2010, No. 52).
Note: Authority cited: Section 33031 and former Section 52039(b), Education Code. Reference: former Section 52039(b)(1), Education Code.
2. Amendment of first paragraph and subsection (b)(1), repealer of subsection (b)(2), subsection renumbering, and amendment of Note filed 6-23-99; operative 7-23-99 (Register 99, No. 26).
3. Change without regulatory effect amending first paragraph and subsections (a) and (b) filed 12-23-2010 pursuant to section 100, title 1, California Code of Regulations (Register 2010, No. 52).