[Code of Federal Regulations]
[Title 34, Volume 1]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR222.41]

[Page 500]
 
                           TITLE 34--EDUCATION
 
              SECONDARY EDUCATION, DEPARTMENT OF EDUCATION
 
PART 222--IMPACT AID PROGRAMS--Table of Contents
 
   Subpart C--Payments for Federally Connected Children Under Section 
                       8003(b) and (e) of the Act
 
Sec. 222.41  How does a State educational agency compute local contribution 
rates based upon generally comparable local educational agencies?

    Except as otherwise specified in the Act, the SEA, subject to the 
Secretary's review and approval, shall compute an LCR for each group of 
generally comparable LEAs within its State that was identified using the 
factors in Sec. 222.39, as follows:
    (a)(1) The SEA shall compile the aggregate local current 
expenditures of the comparable LEAs in each group for the third fiscal 
year preceding the fiscal year for which the LCR is being computed.
    (2) For purposes of this section, the SEA shall consider only those 
aggregate current expenditures made by the generally comparable LEAs 
from revenues derived from local sources. No State or Federal funds may 
be included.
    (b) The SEA shall compile the aggregate number of children in ADA to 
whom the generally comparable LEAs in each group provided a free public 
education during the third fiscal year preceding the fiscal year for 
which the LCR is being computed.
    (c) The SEA shall divide--
    (1) The aggregate current expenditures determined under paragraph 
(a) of this section by;
    (2) The aggregate number of children determined under paragraph (b) 
of this section.
    (d) The SEA shall submit the resulting figure as the ``comparable 
LCR'' to be used by the Secretary under section 8003(b)(1)(C)(iii) in 
determining the LEA's maximum payment amount under section 8003.

(Authority: 20 U.S.C. 7703(b)(1)(C)(iii))