Ill. Admin. Code tit. 77 § 2030.520

Current through Register Vol. 48, No. 44, November 1, 2024
Section 2030.520 - Definitions

The following definitions apply to this Subpart:

"Cash contributions" means the recipient's cash outlay, including monies contributed to the provider by third-parties.

"Cost-sharing or matching" means the value of third-part in-kind contributions and that portion of project costs not borne by the Department.

"Project costs" means allowable expenditures incurred by a recipient in accomplishing the objectives of an award during the award period. For matching share purposes, project costs are limited to allowable types of costs.

"Third party in-kind contributions" means property or services which benefit a Department funded project or program and which are contributed by non-Department third parties without charge to the recipient.

Ill. Admin. Code tit. 77, § 2030.520