Order of Expenditure

18057

Expenditure from the Child Development Fund shall occur in the following order:

(a) Fees collected from parents of certified children shall be first in and first out.

(b) State or federal contract funds apportioned by the California Department of Education (CDE) shall be second in and second out.

(c) Interest received on advanced CDE funds shall be last in and last out.

NOTE: Authority cited: Sections 8261 and 8269, Education Code. Reference: Sections 8261 and 8265, Education Code.