55 Pa. Code § 4300.60

Current through Register Vol. 54, No. 45, November 9, 2024
Section 4300.60 - Interest expense

Interest paid for funds borrowed from a lending institution is an allowable expense in the case where funds are borrowed to meet the actual cash flow requirements of ongoing programs, and it can be documented that the actual cash flow requirements are such that obligations could not be met without borrowing funds.

55 Pa. Code § 4300.60

This section cited in 55 Pa. Code § 4300.41 (relating to applicability).