34 CFR 222.38 - What is the maximum basic support payment that a local educational agency may receive under section 8003(b)?

§ 222.38 What is the maximum basic support payment that a local educational agency may receive under section 8003(b)?
The maximum basic support payment that an LEA may receive under section 8003(b) for any fiscal year is the sum of its total weighted student units under section 8003(a)(2) for the federally connected children eligible to be counted as the basis for payment, multiplied by the greater of one of the following:
(a) One-half of the State average per pupil expenditure for the third fiscal year preceding the fiscal year for which the LEA seeks assistance.
(b) One-half of the national average per pupil expenditure for the third fiscal year preceding the fiscal year for which the LEA seeks assistance.
(c) The comparable local contribution rate (LCR) determined in accordance with §§ 222.39-222.41.
(d) The State average per pupil expenditure multiplied by the local contribution percentage as defined in section 8013(8) of the Act.
(Authority: 20 U.S.C. 7703 (a), (b) and (c))

Title 34 published on 2014-07-01

no entries appear in the Federal Register after this date.

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United States Code
U.S. Code: Title 20 - EDUCATION
U.S. Code: Title 29 - LABOR
U.S. Code: Title 37 - PAY AND ALLOWANCES OF THE UNIFORMED SERVICES
U.S. Code: Title 42 - THE PUBLIC HEALTH AND WELFARE
Statutes at Large
Public Laws

92-318