Pennsylvania Code
Title 22 - EDUCATION
Part XII - Basic Education
Chapter 171 - STANDARDS FOR APPROVED PRIVATE SCHOOLS
Subchapter C - INTERIM AUDIT STANDARDS
Section 171.206 - Administrative costs
Current through Register Vol. 54, No. 44, November 2, 2024
(a) Administrative costs are those costs that have been incurred for the operation of the executive and administrative offices of the organization and do not relate solely to any major function of the organization. This administrative expense category also includes its allocable share of fringe benefit costs, operation and maintenance expense, depreciation and use allowances and interest costs.
(b) Costs or expenses related to the following functions are considered as administrative and are subject to the 10% administrative cap except when and to the extent that the costs or expenditures are incurred as a result of providing educational services to children who are residents of this Commonwealth and who have been approved by the Department through the PDE-4010 process. To the extent that the following costs are for educational services, they are not subject to the administrative cap and are reported in the schedule of operating expenses:
This section cited in 22 Pa. Code § 171.205 (relating to exceptions to Generally Accepted Accounting Principles).