C.F.R. » Title 24 » CHAPTER IX—OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT › PART 990—THE PUBLIC HOUSING OPERATING FUND PROGRAM › Subpart C—Calculating Formula Expenses

24 C.F.R. § 990.175

Utilities expense level: Computation of the current consumption level

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The current consumption level shall be the actual amount of each utility consumed during the 12-month period ending June 30th that is 6 months prior to the first day of the applicable funding period.