LSC support

LSC support means the sum of:
(1) The amount of financial assistance awarded by the Corporation to the recipient for the fiscal year included in the recipient's annual audited financial statement, not including one-time and special purpose grants; and
(2) Any LSC derivative income, as defined in § 1630.2(c), earned by the recipient for the fiscal year included in the recipient's annual audited financial statement, not including derivative income from one-time and special purpose grants.

Source

45 CFR § 1628.2

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Scoping language

Excess fund balance means a recipient's LSC fund balance that exceeds the amount a recipient is permitted to retain under this part.

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