N.Y. Comp. Codes R. & Regs. tit. 8 § 602.15

Current through Register Vol. 46, No. 24, June 12, 2024
Section 602.15 - Operating aid payment schedule
(a) State operating aid shall be paid quarterly as follows:

First quarter: September 1st or after college board of trustees, local or regional sponsor, and State University Board of Trustees approve the college operating budget.

Second quarter: December 1st or after the review and approval of the college's prior years annual financial report and FOP annual report.

Third quarter: March 1st or after receipt and review of the college's prior year certified financial statement.

Fourth quarter: June 1st.

N.Y. Comp. Codes R. & Regs. Tit. 8 § 602.15