(a) A program participant receiving funding pursuant to this article may expend on indirect costs no more than the lesser of the following:
(1) The school district’s indirect cost rate, as approved by the State Department of Education for the appropriate fiscal year.
(2) Five percent of the state program funding received pursuant to this article.
(b) A program participant receiving state funding pursuant to this article may expend no more than 15 percent of that funding on administrative costs. For purposes of this section, administrative costs shall include indirect costs, as described in subdivision (a).
(c) A program participant receiving state funding pursuant to this program shall ensure that no less than 85 percent of that funding is allocated to schoolsites for direct services to pupils.
(Added by Stats. 1998, Ch. 319, Sec. 2. Effective August 19, 1998. See the prevailing Section 8483.9 (added by Stats. 1998, Ch. 320), as amended by Stats. 2010, Ch. 229, in the Article 22.5 commencing with Section 8482.)
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