If the costs of an apprenticeship program are greater than the revenue earned, the excess revenue earned from any other apprenticeship program(s) conducted by the LEA must be allocated on a pro rata basis to reduce the excess costs of the remaining program(s). Any excess costs remaining after allocation of any excess revenue earned can be claimed for payment from the apprenticeship program sponsor(s) pursuant to Section 240. If, after allocation of any excess revenue earned, no excess costs remain, no payment is required.
NOTE: Authority cited: Section 3074, Labor Code. Reference: Section 3074, Labor Code.
1. Renumbering of former Section 239 to Section 238, and renumbering and amendment of former Section 240 to Section 239 filed 5-31-85; effective thirtieth day thereafter (Register 85, No. 22).