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2012 Florida Statutes
SECTION 282
Administrative Trust Fund.
Administrative Trust Fund.
1001.282 Administrative Trust Fund.—
(1) The Administrative Trust Fund, FLAIR number 48-2-021, is created within the Department of Education.
(2) The fund is established for use as a depository for funds to be used for management activities that are department-wide in nature and funded by indirect cost earnings or assessments against trust funds. Moneys to be credited to the trust fund include indirect cost reimbursements from grantors, administrative assessments against trust funds, interest earnings, and other appropriate administrative fees.
History.—s. 1, ch. 2007-21; s. 2, ch. 2011-24.