Sec. 602.15. Operating aid payment schedule

Latest version.

(a) State operating aid shall be paid quarterly as follows:
First quarter: September 1st or after college board of trustees, local or regional sponsor, and State University Board of Trustees approve the college operating budget.
Second quarter: December 1st or after the review and approval of the college's prior years annual financial report and FOP annual report.
Third quarter: March 1st or after receipt and review of the college's prior year certified financial statement.
Fourth quarter: June 1st.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');