| Issue Date: | 1993-09-01 |
|---|---|
| Revised Date: | 2017-09-05 |
Legal Citations
- Government Code sec. 403.011, sec. 403.012, sec. 2106.006
- Agency Enabling Statute
Object Type
Cash — Other Revenue
Origin Date
September 1, 1993
Description
Indirect costs are those:
- incurred for a common or joint purpose benefiting more than one cost objective; and
- not readily assignable to cost objectives specifically benefited, without effort disproportionate to results achieved.
Indirect costs include expenditure for "overhead" services provided by other agencies and are a component of earned federal funds.
Due Date
Upon receipt of funds
Collecting Agencies
Various state agencies, colleges and universities.
Deposit Funds
Note
This code does not include other earned federal funds (see revenue code 3702). This code does not include deposits of higher education, indirect costs earned on state, local and private funds (see revenue codes 3508, 3514, 3533).
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | FEDL RECEIPTS-INDIRECT COST RECOVERIES |
| Receipt Category | 14 – Other |
| Receipt Type | 60 – Federal Receipts |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 03 – FEDERAL INCOME |