Common use of Fund Collection Clause in Contracts

Fund Collection. The Authorizer shall receive for any charter school it authorizes all appropriate allocations of federal funds that other LEAs receive under federal law or regulations, including, but not limited to, Title I, IDEA, and ESSA funds. All funding allocations and disbursements shall be made in accordance with procedures developed by TDOE. Funding for charter schools authorized by the Authorizer shall be in accordance with T.C.A. §§ 00-00-000 and 00-00-000. The Authorizer shall reduce the allocation to charter schools by a percentage allowable under federal rules and regulations for administrative, indirect, or any other category of cost or charges.

Fund Collection. The Authorizer Chartering Authority shall receive for any charter school it authorizes all appropriate allocations of federal funds that other LEAs receive under federal law or regulations, including, but not limited to, Title I, IDEA, and ESSA funds. All funding allocations and disbursements shall be made in accordance with procedures developed by TDOE. Funding for charter schools authorized by the Authorizer Chartering Authority shall be in accordance with T.C.A. §§ 00-00-000 and 00-00-000. The Authorizer Chartering Authority shall reduce the allocation to charter schools by a percentage allowable under federal rules and regulations for administrative, indirect, or any other category of cost or charges.