OAR 732-010-0015
Application Procedures for Formula Program Moneys

(1)

The Division will inform each STF Agency of the amount of Formula Program moneys for which they are eligible.

(2)

To apply for Formula Program moneys, the STF Agency will submit a completed application on forms supplied by the Division.

(3)

The information required in the application will be sufficient to ensure that the requirements of these rules are met.

(4)

An authorized official of the STF Agency will sign the application.

(5)

A STF Agency may apply for funds at any time.

(6)

If a STF Agency fails to apply for Formula Program moneys, the moneys will remain available to the STF Agency for a period not to exceed three years.

(a)

Funds held by the Division due to failure to apply will not accrue interest; and

(b)

The Administrative Allotment will be available during the year of application.

Source: Rule 732-010-0015 — Application Procedures for Formula Program Moneys, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=732-010-0015.

Last Updated

Jun. 8, 2021

Rule 732-010-0015’s source at or​.us