U.S. Code > Title 20 Education > CHAPTER 70—STRENGTHENING AND IMPROVEMENT OF ELEMENTARY AND SECONDARY SCHOOLS (§§ 6301—8961,_8962) > SUBCHAPTER V—PROMOTING INFORMED PARENTAL CHOICE AND INNOVATIVE PROGRAMS (§§ 7201—7283g) > Part D—Fund for the Improvement of Education (§§ 7241—7283g) > subpart 10—physical education (§§ 7261—7261f) > § 7261d. Requirements

§ 7261d. Requirements

(a) Annual report to the Secretary
In order to continue receiving funding after the first year of a multiyear grant or contract under this subpart, the administrator of the grant or contract for the local educational agency or community-based organization shall submit to the Secretary an annual report that—
(1) describes the activities conducted during the preceding year; and
(2) demonstrates that progress has been made toward meeting State standards for physical education.
(b) Administrative expenses
Not more than 5 percent of the grant funds made available to a local educational agency or community-based organization under this subpart for any fiscal year may be used for administrative expenses.