Payments to State agencies and use of Program funds.

CFR · 2024-01-01 · US · Title 7

(a) (i) 20 percent of the first $50,000 in Program funds properly payable to the State in the preceding fiscal year; (ii) 10 percent of the next $100,000 in Program funds properly payable to the State in the preceding fiscal year; (iii) 5 percent of the next $250,000 in Program funds properly payable to the State in the preceding fiscal year; and (iv) 2 (2) (3) (4) (5) (b) (2) Additional State administrative funds shall be made available upon the receipt and approval by FNS of the State's Program management and administration plan. The amount of such funds, plus the initial allocation, shall not exceed 80 percent of the State administrative funds determined by the formula set forth in paragraph (a)(1) of this section and based on the estimates set forth in the approved Program management and administration plan. (3) Any remaining State administrative funds shall be paid to each State agency as soon as practicable after the conduct of the funding assessment described in paragraph (c) of this section. However, regardless of whether such assessment is made, the remaining administrative funds shall be paid no later than September 1. The remaining administrative payment shall be in an amount equal to that determined to be needed during the funding evaluation or, if such evaluation is not conducted, the amount owed the State in accordance with paragraph (a)(1) of this section, less the amounts paid under paragraphs (b) (1) and (2) of this section. (c) (d) (2) Based on the State age

official document · source cfr-2024 · id 7:§ 225.5