§ 300.16 Excess costs.

Plain English summary

This section defines 'excess costs' as expenditures above the average annual per-student cost in an LEA for the preceding school year, calculated after deducting specific federal and qualifying state/local funds. The deductions include amounts received under Part B of IDEA, Part A of Title I of the ESEA, and Part A of Title III of the ESEA, as well as any state or local funds for programs qualifying under those parts. Capital outlay and debt service amounts are excluded from these deductions.

Key requirements

• Excess costs means those costs that are in excess of the average annual per-student expenditure in an LEA during the preceding school year for an elementary school or secondary school student
• Must be computed after deducting amounts received under Part B of the Act
• Must be computed after deducting amounts received under Part A of title I of the ESEA
• Must be computed after deducting amounts received under Part A of title III of the ESEA
• Must be computed after deducting any State or local funds expended for programs that would qualify for assistance under any of the parts described in paragraph (a)
• Excluding any amounts for capital outlay or debt service

Affected parties

• Local Educational Agencies (LEAs)
• State Educational Agencies (SEAs)

Official source

https://www.ecfr.gov/current/title-34/part-300/section-300.16