 |
Alaska Administrative Code (Last Updated: January 12, 2017) |
 |
Title 3. Commerce, Community, and Economic Development. |
|
Part 3.1. Banking, Securities, Small Loans and Corporations. |
|
Chapter 3.132. National Forest Receipts Program. |
|
Article 3.132.3. Procedures. |
Section 3.132.130. Reduction of payments.
Latest version.
-
The department will reduce a municipality's or regional educational attendance area's payment under the national forest receipts program if the department determines that a municipality or regional educational attendance area failed to properly expend a payment received from the national forest receipts program. The amount of the reduction will equal the amount determined by the department to have been improperly expended. At the discretion of the department, the reduction will occur over more than one application year. The department will notify the municipality or regional educational attendance area of the determination in writing by certified mail.
Authorities
41.15.180;44.33.020