§ 13862 Administrative Costs Limit
Imagine the state gets $100 million to build new schools. They can only use $3 million of that money to pay for office work, salaries, and other costs to manage the project.
The law says the state can't spend more than 3% of the total money on running the program. So, if the state gets $100 million, they can only use $3 million for their own costs. The rest must go to building the schools. Also, the companies supplying materials for the schools have to pay fees to help cover these costs.
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§ 13862 Administrative Costs Limit
Last verified: January 23, 2026