§ 35.65. Basis for payment.
(a) The Commonwealth share of capital expenses as defined in this title shall be determined prior to any reduction of expenses to the local sponsor brought about by the receipt of grants, appropriations or allocations to the college from sources other than the Commonwealth, however, in no event shall the amount of funds received from the Commonwealth when added to the above grants, appropriations or allocations for which special accounting is necessary, total in excess of 100%.
(b) The Commonwealth share of operating expenses as defined in this title shall be determined after deducting from total operating expenditures any Federally-funded expenditures for those programs in which the Commonwealth participates in the cost, but prior to any reduction of expenses to the local sponsor brought about by the receipt of other grants, appropriations, or allocations to the colleges from sources other than the Commonwealth. However, in no event shall the amount of funds received from the Commonwealth, when added to the above grants, appropriations, or allocations for which special accounting is necessary, total in excess of 100%.
Source The provisions of this § 35.65 adopted February 9, 1973, effective February 10, 1973, 3 Pa.B. 281; amended May 27, 1977, effective May 28, 1977, 7 Pa.B. 1426; amended July 16, 1982, effective July 17, 1982, 12 Pa.B. 2282. Immediately preceding text appears at serial pages (34904) and (69409).
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