Iowa Admin. Code r. 281-41.16 - Excess costs
"Excess costs" means those costs that are in excess of the average annual per-student expenditure in an LEA during the preceding school year for an elementary school or secondary school student, as may be appropriate, and that must be computed after deducting the following:
(1)
Certain federal funds.
Amounts received under Part B of the Act; under Part A of Title I of the ESEA;
and under Part A of Title III of the ESEA; and
(2)
Certain state or local
funds. Any state or local funds expended for programs that would
qualify for assistance under subrule 41.16(1), but excluding any amounts for
capital outlay or debt service.
Notes
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