(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.
(3) Notwithstanding s. 216.301 and pursuant to s. 216.351, any balance in the trust fund at the end of any fiscal year shall remain in the trust fund at the end of the year and shall be available for carrying out the purpose of the trust fund.
History.—s. 1, ch. 2007-21; s. 2, ch. 2011-24.
Structure Florida Statutes
Title XLVIII - Early Learning-20 Education Code
Chapter 1001 - Early Learning-20 Governance
Part I - State-Level Governance (Ss. 1001.01-1001.292)
Subpart C - Department of Education
1001.20 - Department under direction of state board.
1001.21 - Office of Private Schools and Home Education Programs.
1001.212 - Office of Safe Schools.
1001.215 - Just Read, Florida! Office.
1001.22 - Commission for Independent Education.
1001.23 - Specific powers and duties of the Department of Education.
1001.24 - Direct-support organization; use of property; board of directors; audit.
1001.26 - Public broadcasting program system.
1001.271 - Florida Information Resource Network.
1001.28 - Distance learning duties.
1001.281 - Operating Trust Fund.
1001.282 - Administrative Trust Fund.
1001.283 - Welfare Transition Trust Fund.
1001.29 - Discounted computers and Internet access for students.