Okla. Admin. Code § 780:15-3-8

Current through Vol. 42, No. 8, January 2, 2025

Section 780:15-3-8 - Calculation of administrative costs

Administrative Cost for technology centers shall be calculated annually in accordance with the definition of administrative cost provided by the National Center for Educational Statistics. Administrative cost expressed as a percentage of the total instruction and services expense for each technology center will be used as a measurement to determine if the administrative cost is within acceptable limits. Should administrative cost for a technology center exceed acceptable limits penalties will be assessed by the state agency to the funding formula dollars of the technology center on a dollar for dollar basis.

(1) Acceptable administrative cost is outlined as follows:

(A) If total instruction and services expenditures are less than $3,000,000, the administrative cost limit is 8%.

(B) If total instruction and services expenditures are $3,000,001 to $5,000,000, the administrative cost limit is 6%.

(C) If total instruction and services expenditures are $5,000,001 to $10,000,000, the administrative cost limit is 5%.

(D) If total instruction and services expenditures are more than $10,000,001, the administrative cost limit is 3%.

(2) Changes to the acceptable administrative amounts may be made by the State Agency staff and approved by the director when necessary.

Okla. Admin. Code § 780:15-3-8

Added at 21 Ok Reg 2895, eff 7-11-04; Amended at 25 Ok Reg 2093, eff 7-1-08; Amended at 27 Ok Reg 1991, eff 7-1-10