Common use of Accounting and Balancing Clause in Contracts

Accounting and Balancing. 23.2.1 The district shall provide an annual accounting of hours donated and used no later than March 1 for the previous twelve (12) month period. The bank shall balance annually to zero or a positive balance. 23.2.2 If the number of hours donated is less than the number of hours used, the district and the Association shall meet to: - Review Sick Leave Bank guidelines to discuss modifications through mutual agreement, and - Review Sick Leave bank contract language and make recommendations to the bargaining team. 23.2.3 Through mutual agreement, the district and the Association shall determine the need for members of the Sick Leave Bank to contribute additional hours for the following school year. The required additional contribution by Sick Leave Bank members may be directed in blocks of time (Example: 1 hour or 2 hours, 3 hours, 4 hours, 6 hours or more) to balance the hours in deficit from the previous annual accounting. 23.2.4 For years when the annual reconciliation nets a positive balance outcome, those hours shall be confirmed and held to be applied in a future year to offset a negative balance.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

AutoNDA by SimpleDocs

Accounting and Balancing. 23.2.1 The district shall provide an annual accounting of hours donated and used no later than March 1 for the previous twelve (12) month period. The bank shall balance annually to zero or a positive balance. 23.2.2 If the number of hours donated is less than the number of hours used, the district and the Association shall meet to: - Review Sick Leave Bank guidelines to discuss modifications through mutual agreement, and - Review Sick Leave bank contract language and make recommendations to the bargaining team. 23.2.3 Through mutual agreement, the district and the Association shall determine the need for members of the Sick Leave Bank to contribute additional hours for the following school year. The required additional contribution by Sick Leave Bank members may be directed in blocks of time (Example: 1 hour or 2 hours, 3 hours, 4 hours, 6 hours or more) to balance the hours in deficit from the previous annual accounting. 23.2.4 For years when the annual reconciliation nets a positive balance outcome, those hours shall be confirmed and held to be applied in a future year to offset a negative balance. 23.2.5 After the annual reconciliation, the IBS team shall review and set the maximum number of temporary leave days that are to be depleted or used. Changes to the maximum number of temporary leave days shall be made to ensure the health of the Sick Leave Bank.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

Accounting and Balancing. 23.2.1 24.2.1 The district shall provide an annual accounting of hours donated and used no later than March 1 for the previous twelve (12) month period. The bank shall balance annually to zero or a positive balance. 23.2.2 24.2.2 If the number of hours donated is less than the number of hours used, the district and the Association shall meet to: - Review Sick Leave Bank guidelines to discuss modifications through mutual agreement, and - Review Sick Leave bank contract language and make recommendations to the bargaining team. 23.2.3 24.2.3 Through mutual agreement, the district and the Association shall determine the need for members of the Sick Leave Bank to contribute additional hours for the following school year. The required additional contribution by Sick Leave Bank members may be directed in blocks of time (Example: 1 hour or 2 hours, 3 hours, 4 hours, 6 hours or more) to balance the hours in deficit from the previous annual accounting. 23.2.4 24.2.4 For years when the annual reconciliation nets a positive balance outcome, those hours shall be confirmed and held to be applied in a future year to offset a negative balance. 24.2.5 After the annual reconciliation, the IBS team shall review and set the maximum number of temporary leave days that are to be depleted or used. Changes to the maximum number of temporary leave days shall be made to ensure the health of the Sick Leave Bank.

Appears in 1 contract

Samples: Master Agreement

AutoNDA by SimpleDocs

Accounting and Balancing. 23.2.1 24.2.1 The district shall provide an annual accounting of hours donated and used no later than March 1 for the previous twelve (12) month period. The bank shall balance annually to zero or a positive balance. 23.2.2 24.2.2 If the number of hours donated is less than the number of hours used, the district and the Association shall meet to: - Review Sick Leave Bank guidelines to discuss modifications through mutual agreement, and - Review Sick Leave bank contract language and make recommendations to the bargaining team. 23.2.3 24.2.3 Through mutual agreement, the district and the Association shall determine the need for members of the Sick Leave Bank to contribute additional hours for the following school year. The required additional contribution by Sick Leave Bank members may be directed in blocks of time (Example: 1 hour or 2 hours, 3 hours, 4 hours, 6 hours or more) to balance the hours in deficit from the previous annual accounting. 23.2.4 24.2.4 For years when the annual reconciliation nets a positive balance outcome, those hours shall be confirmed and held to be applied in a future year to offset a negative balance.

Appears in 1 contract

Samples: Master Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!