revenue derived from local sources
Defined in 1 dictionary — U.S. Code
United States Code
20 U.S.C. § 7713 — for purposes of this subchapter
The term “revenue derived from local sources” means—
(A) revenue produced within the boundaries of a local educational agency and available to such agency for such agency's use; or
(B) funds collected by another governmental unit, but distributed back to a local educational agency in the same proportion as such funds were collected as a local revenue source.