Allocation of RSI Reimbursement Funding. The amount of RSI reimbursement funds disbursed by the California Community Colleges Chancellor's Office for each PROGRAM SPONSOR is dete1mined by multiplying the current RSI hourly rate (established in the Budget Act for that year, see California Education Code §79149.3), by the number of confirmed RSI hours completed by PROGRAM SPONSOR's apprentices in the previous semester (see §2.3.1, above). The total RSI reimbursement funds allocated for the Program shall be apportioned between the DISTRICT and the PROGRAM SPONSOR as follows: twenty percent (20%) of the reimbursement funds will be paid by the DISTRICT to the PROGRAM SPONSOR and eighty percent (80%) of the reimbursement funds will be retained by the DISTRICT in support of the RSI services provided by the DISTRICT, including expenditures for instruction, equipment, tools, supplies and materials necessary to provide the RSI services. ("Program Expenses").
Appears in 1 contract
Sources: Apprenticeship Agreement
Allocation of RSI Reimbursement Funding. The amount of RSI reimbursement funds disbursed by the California Community Colleges College Chancellor's ’s Office for each PROGRAM SPONSOR is dete1mined determined by multiplying the current RSI hourly rate (established in the Budget Act for that year, see California Education Code §79149.3), by the number of confirmed RSI hours completed by PROGRAM SPONSOR's ’s apprentices in the previous semester (see §2.3.1, above). The total RSI reimbursement funds allocated for the Program Programs shall be apportioned between the DISTRICT and the PROGRAM SPONSOR as follows: twenty percent (20%) of the reimbursement funds will be paid by the DISTRICT to the PROGRAM SPONSOR and eighty percent (80%) of the reimbursement funds will be retained by the DISTRICT in support of the RSI services provided by the DISTRICT, including expenditures for instruction, equipment, tools, supplies and materials necessary to provide the RSI services. ("“Program Expenses"”).
Appears in 1 contract
Sources: Apprenticeship Agreement
Allocation of RSI Reimbursement Funding. The amount of RSI reimbursement funds disbursed by the California Community Colleges Chancellor's ’s Office for each PROGRAM SPONSOR is dete1mined determined by multiplying the current RSI hourly rate (established in the Budget Act for that year, see California Education Code §79149.3), by the number of confirmed RSI hours completed by PROGRAM SPONSOR's ’s apprentices in the previous semester (see §2.3.1, above). The total RSI reimbursement funds allocated for the Program shall be apportioned between the DISTRICT and the PROGRAM SPONSOR as follows: twenty percent (20%) of the reimbursement funds will be paid by the DISTRICT to the PROGRAM SPONSOR and eighty percent (80%) of the reimbursement funds will be retained by the DISTRICT in support of the RSI services provided by the DISTRICT, including expenditures for instruction, equipment, tools, supplies and materials necessary to provide the RSI services. ("“Program Expenses"”).
Appears in 1 contract
Sources: Agreement