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<br />00022~ <br /> <br />2 <br /> <br />royalties in excess of $200 received annually shall be returned <br />to the Federal grantor agency in the absence of other specific <br />agreements between the grantor agency and the grantee. The <br />Federal share of royalties shall be computed on the same ratio <br />basis as the Federal share of the total project cost. <br /> <br />6. All other program income earned during the grant period <br />shall be retained by the grantee and, in accordance with the <br />grant agreement, shall be: <br /> <br />a. Added to funds committed to the project by the grantor <br />and grantee and be used to further eligible program objectives, <br />or <br /> <br />b. Deducted from the total project costs for the purpose <br />of determining the net costs on which the Federal share of <br />costs will be based. <br /> <br />7. Federal grantor agencies shall require the grantees to <br />record the receipt and expenditure of revenues (such as taxes, <br />special assessments, levies, fines, etc.) as a part of grant <br />project transactions when such revenues are specifically ear- <br />marked for a grant project in accordance with grant agreements. <br />