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2021 Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Chapter 273 - AREA EDUCATION AGENCIES
Section 273.13 - Administrative expenditures.
Universal Citation: IA Code § 273.13 (2021)
273.13 Administrative expenditures.
The administrative expenditures as a percent of an area education agency’s general fund for a base year shall not exceed five percent. Annually, the board of directors shall certify to the department of education the amounts of the area education agency’s expenditures and its general fund. For the purposes of this section, “base year” means the same as defined in section 257.2, and “administrative expenditures” means expenditures for executive administration.
86 Acts, ch 1226, §19; 88 Acts, ch 1158, §55; 89 Acts, ch 135, §62; 2013 Acts, ch 88, §12
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