Current through Reg. 49, No. 45; November 8, 2024
Section 173.204 - Program Income(a) Rules governing the use of program income are included in the provisions of the TxGMS-adopted by reference in § 173.108 of this chapter (relating to Adoptions by Reference).(b) Grantees must use program income to supplement program costs or reduce program costs. Program income may only be used for allowable program costs. Grantees may not carry forward program income from one grant year to the next.(c) Improvement grant reimbursements will be calculated based on net program expenditures after any program income has been applied.1 Tex. Admin. Code § 173.204
The provisions of this §173.204 adopted to be effective September 13, 2012, 37 TexReg 7083; Adopted by Texas Register, Volume 42, Number 41, October 13, 2017, TexReg 5670, eff. 10/17/2017; Adopted by Texas Register, Volume 48, Number 11, March 17, 2023, TexReg 1550, eff. 3/23/2023