South Dakota Administrative Rules
Title 24 - EDUCATION
Article 24:50 - South Dakota Board of Education, Repealed
Chapter 24:50:01 - Grant assistance
Section 24:50:01:09 - Sources of matching funds

Universal Citation: SD Admin Rules 24:50:01:09

Current through Register Vol. 51, page 43, September 23, 2024

The sources of matching funds may be one or more of the following:

(1) Income - admission revenue derived from sale of admissions, tickets, subscriptions, and memberships for events of the project; contractual services revenue derived from fees earned through sale of services; and other revenue including advertising space in programs, catalog sales, gift shop income, concessions, parking, and similar sources;

(2) Cash support - contributions from businesses, corporations, foundations, individuals, fund-raisers, and similar sources including the sponsoring organization;

(3) Government support - revenue derived from nonfederal government grants or appropriations given for the project;

(4) In-kind contributions - fair market value of noncash contributions to the project which re provided to the applicant by volunteers or outside parties at no cash cost to the applicant; and

(5) Other grants - grants received from other nonfederal grant-making agencies, public or private.

General Authority: SDCL 1-22-8.

Law Implemented: SDCL 1-22-5.

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