SECTION 3.87. Program Income

Earned program income must be reported to PSO. Program income may only be used, with prior approval from PSO, for allowable project costs as reflected in an approved budget. Grantees may not carry forward program income from one grant year to the next. Grantees must refund to the OOG any program income remaining at the end of the grant period.

Source Note: The provisions of this §3.87 adopted to be effective February 24, 2000, 25 TexReg 1297; amended to be effective July 16, 2000, 25 TexReg 6485; amended to be effective December 16, 2002, 27 TexReg 11729; amended to be effective April 2, 2003, 28 TexReg 2737; amended to be effective October 13, 2003, 28 TexReg 8873; amended to be effective February 17, 2005, 30 TexReg 661; amended to be effective June 22, 2006, 31 TexReg 4855; amended to be effective June 21, 2009, 34 TexReg 3925; amended to be effective April 27, 2021, 46 TexReg 2709