(3) If, in any fiscal year beginning on or after July 1, 2015, an LEA fails to meet the requirement of paragraph (b)(2)(ii) or (iv) of this section and the LEA is relying on the combination of State and local funds, or the combination of State and local funds on a per capita basis, to meet the requirements of paragraph (a) or (b) of this section, the level of expenditures required of the LEA for the fiscal year subsequent to the year of the failure is the amount that would have been required under paragraph (b)(2)(ii) or (iv) in the absence of that failure, not the LEA’s reduced level of expenditures.
idea_regulations-template-default single single-idea_regulations postid-58876 wp-custom-logo wp-embed-responsive with-font-selector no-anchor-scroll footer-on-bottom animate-body-popup social-brand-colors hide-focus-outline link-style-standard has-sidebar content-title-style-normal content-width-normal content-style-boxed content-vertical-padding-show non-transparent-header mobile-non-transparent-header kadence-elementor-colors elementor-default elementor-kit-82278 Sec.300.203(c)(3) Sec.300.203(c)(3) Sec 300203 (c) (3) Sec 300 203 (c) (3) Sec. 300.203 c 3 Sec.300.203c3 Sec. 300.203 c 3 Sec.300.203c3 Sec.--300.203-c-3 Sec. 300.203 100 3 Sec.--300.203-100-3 Sec.300.2031003