California Government Code

§ 14556.32

GOV § 14556.32 Effective Jul 7, 2000Div. 3 · Title 2 · Part 5.3 · Ch. 4.5 · Art. 4

Statute text

(a)The rate of reimbursement of expenditures shall not exceed the rate determined by the commission in its allocation of funds.

(b)After notifying the commission of savings in any phase, the lead applicant may use those savings for expenditures on a later phase of the same project.

(c)If additional funds are needed to complete a project, the lead applicant agency shall be responsible for securing the funding needed from other sources outside this program. The commission may not increase the allocation from this program beyond the amount specified for the project in Article 5 (commencing with Section 14556.40) unless the Governor and the Legislature subsequently designate a higher amount for the project.

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Legislative history

Added by Stats. 2000, Ch. 91, Sec. 6. Effective July 7, 2000.