ANNUAL FINANCIAL REVIEW. BC Housing will conduct an annual financial review of the Provider. To facilitate the annual financial review, the Provider will:
1. submit audited financial statements, and a copy of the related auditor’s management letter to BC Housing within four (4) months after the end of each Fiscal Year. Where the Provider provides services in addition to those provided under this Agreement (e.g., outreach, affordable housing, etc.), the audited financial statement will include a separate Schedule of Revenue and Expenditure for each service provided in a format approved by BC Housing from time to time;
2. include details of any funding received from another agency or organization and used by the Provider to co-fund the management of the Development and the delivery of Support Services;
3. provide an auditor’s letter or notes with the financial statements indicating that any Operating Surplus is being spent and accounted for as provided in this Agreement; and
4. submit other financial information requested by BC Housing in a format approved by BC Housing from time to time.
ANNUAL FINANCIAL REVIEW. Beginning in fiscal year 2011-2012, and continuing annually thereafter, there shall be a financial review of CONTRACTOR to be completed by a qualified outside agency. A final report of said review shall be provided to the County within a reasonable amount of time. A full financial audit of CONTRACTOR shall be required for any year in which said financial review indicates irregularity. [END OF GENERAL TERMS AND CONDITIONS] CONTRACTOR shall provide the following services:
1. CONTRACTOR shall cooperate with the Mendocino County Lodging Association, Xxxxxxxx of Commerce visitor services locations, the Arts Council of Mendocino County, Visit Mendocino County, Inc., restaurants and other promotional organizations within the County to provide the services, activities and programs to promote tourism and the marketing of the County and related products, including scenic, recreational, cultural, viticulture and other attractions. Such cooperation shall include, but is not limited to, assisting Visit Mendocino County, Inc (VMC) in the development of their annual marketing plan and the implementation of activities as outlined in the Marketing Plan, which is attached hereto as Exhibit D.
2. CONTRACTOR shall be solely responsible for the timely maintenance of any and all visit Mendocino County “Gateway Signs” to be erected along major highways in the COUNTY. Maintenance shall include, but not be limited to, repair, graffiti removal, clearing brush which impedes visibility, and removal or restoration as appropriate.
3. COUNTY approves CONTRACTOR’s use of VMC as a subcontractor.
4. In accordance with Paragraph 33, CONTRACTOR shall annually have completed a financial review by a qualified outside agency. A full financial audit of CONTRACTOR shall be required for any year in which said financial review indicates irregularity. Additionally, Visit Mendocino County, Inc. shall be required to have an annual audit completed by a qualified outside agency. Final reports of said review and/or audit(s) shall be provided to the County within a reasonable amount of time. [END OF DEFINITION OF SERVICES] CONTRACTOR and COUNTY agree to the following disbursement formula and schedule during the term of this Agreement, provided CONTRACTOR fully complies with all the terms and conditions set forth in this Agreement, and:
1. The total amount of all payments to be paid are subject to meeting but not exceeding the matching fund requirement pursuant to Sections 5.140.240, 5.140.250, and 5.140.2...
ANNUAL FINANCIAL REVIEW. Each year at Credit Union's written request Certegy shall provide to Credit Union a copy of the most recent annual report of its publicly held parent corporation and a copy of the most recent third party auditors' review and report on the design and compliance test of Certegy's card processing system (SAS 70).
ANNUAL FINANCIAL REVIEW. 1. BC Housing will conduct an annual financial review of the Provider. To facilitate the annual financial review, the Provider will:
a. submit audited financial statements, and a copy of the related auditor’s management letter to BC Housing within four (4) months after the end of each Fiscal Year. Where the Provider provides services in addition to those provided under this Agreement (e.g., outreach, affordable housing, etc.), the audited financial statement will include a separate Schedule of Revenue and Expenditure for each service provided in a format approved by BC Housing from time to time;
b. include details of any funding received from another agency or organization and used by the Provider to co-fund the management of the Development;
c. provide an auditor’s letter or notes with the financial statements indicating that any Operating Surplus is being spent and accounted for as provided in this Agreement; and
d. provide audited financial statements indicating that the Provider has properly funded and maintained the Capital Fund, and that all interest accruing to the Capital Fund has been recorded; and
e. submit other financial information requested by BC Housing in a format approved by BC Housing from time to time.
ANNUAL FINANCIAL REVIEW. Contractor shall submit an Year-end Financial Report to the Contract Administrator. This report shall include annual financial statements reviewed by an independent public accounting firm in accordance with generally accepted accounting procedures. Statements shall be available to the Contract Administrator within one hundred twenty (120) calendar days of the close of each fiscal year. If Contractor’s financial statements are prepared on a consolidated basis, then separate balance sheets and income statements for the San Joaquin County operation shall be required and shall be subject to the independent auditor’s review. Contractor shall make all financial records for San Joaquin County contract services available to the County at County’s request. Contractor agrees that all revenue generated using personnel or equipment expensed as described in this Agreement, as well as the subsidy paid by any government entity within San Joaquin County will be credited to San Joaquin County revenues.
ANNUAL FINANCIAL REVIEW. 1. Where the total value of the Provider’s contracts with BC Housing is $100,000.00 or more per annum, BC Housing will conduct an annual financial review of the Provider.
a. To facilitate the annual financial review, the Provider will submit audited financial statements and a copy of the related auditor’s management letter, to BC Housing within four (4) months after the end of each Fiscal Year. Where BC Housing funds the Provider to provide housing or services in addition to those provided under this Agreement, the audited financial statement will include a separate Schedule of Revenue and Expenditure for each service provided in a format approved by BC Housing from time to time.
b. The Provider’s audited financial statements will include details of any funding received from another agency or organization and used by the Provider to co-fund the Services.
c. The Provider will appoint an auditor of the Provider who will be in good standing in accordance with the laws of the Province of British Columbia and will not be a member of or related to the Provider. The Provider will cause the auditor to audit the financial statements of the Provider.
d. The Provider will provide an auditor’s letter or notes with the audited financial statements indicating that any Operating Surplus is being spent and accounted for as outlined in this Agreement.
e. The Provider will submit other financial information in a format approved by BC Housing from time to time.
2. Where the total value of the Provider’s contracts with BC Housing is less than $100,000.00 per annum, BC Housing will conduct an annual financial review of the Provider.
a. To facilitate the annual financial review, the Provider will submit unaudited financial statements to BC Housing within four (4) months after the end of each Fiscal Year. Where BC Housing funds the Provider to provide housing or services in addition to those provided under this Agreement, the unaudited financial statement will include a separate Schedule of Revenue and Expenditure for each service provided in a format approved by BC Housing from time to time.
b. The Provider’s financial statements will include details of any funding received from another agency or organization and used by the Provider to co-fund the Services.
ANNUAL FINANCIAL REVIEW. A. Contractor shall submit a Year-end Financial Report to the Contract Administrator. This report shall include annual financial statements reviewed by an independent public accounting firm in accordance with Generally Accepted Accounting Principles. Statements shall be available to the Contract Administrator on an annual basis within 120 calendar days of the close of Contractor’s fiscal year. If Contractor’s financial statements are prepared on a consolidated basis, then separate balance sheets and income statements for the San Xxxxxxx County operation shall be required and shall be subject to the independent auditor’s review. Contractor shall make all financial records for San Xxxxxxx County contract services available to the County at County’s request.
B. Contractor agrees that all revenue generated using personnel or equipment expensed as described in this Agreement, as well as the subsidy paid by any government entity within San Xxxxxxx County will be credited to San Xxxxxxx County revenues.
C. If deemed necessary, County may initiate an independent financial audit of Contractor’s San Xxxxxxx County operation. Contractor shall reimburse County for fees charged to the County by the independent financial auditor, not to exceed $30,000.
ANNUAL FINANCIAL REVIEW. Annually there shall be a financial review of CONTRACTOR to be completed by a qualified outside agency. A final report of said review shall be provided to the County within a reasonable amount of time. A full financial audit of CONTRACTOR shall be required for any year in which said financial review indicates irregularity. [END OF GENERAL TERMS AND CONDITIONS] CONTRACTOR shall provide the following services:
1. CONTRACTOR shall cooperate with the Mendocino County Lodging Association, Xxxxxxxx of Commerce visitor services locations, the Arts Council of Mendocino County, Visit Mendocino County, Inc., restaurants and other promotional organizations within the County to provide the services, activities and programs to promote tourism and the marketing of the County and related products, including scenic, recreational, cultural, viticulture and other attractions. Such cooperation shall include, but is not limited to, assisting Visit Mendocino County, Inc (VMC) in the development of their annual marketing plan and the implementation of activities as outlined in the Marketing Plan, which is attached hereto as Exhibit D.
2. CONTRACTOR shall be solely responsible for the timely maintenance of any and all visit Mendocino County “Gateway Signs” to be erected along major highways in the COUNTY. Maintenance shall include, but not be limited to, repair, graffiti removal, clearing brush which impedes visibility, and removal or restoration as appropriate.
3. COUNTY approves CONTRACTOR’s use of VMC as a subcontractor.
4. In accordance with Paragraph 33, CONTRACTOR shall annually have completed a financial review by a qualified outside agency. A full financial audit of CONTRACTOR shall be required for any year in which said financial review indicates irregularity. Additionally, Visit Mendocino County, Inc. shall be required to have an annual audit completed by a qualified outside agency. Final reports of said review and/or audit(s) shall be provided to the County within a reasonable amount of time. [END OF DEFINITION OF SERVICES] CONTRACTOR and COUNTY agree to the following disbursement formula and schedule during the term of this Agreement, provided CONTRACTOR fully complies with all the terms and conditions set forth in this Agreement, and:
1. The total amount of all payments to be paid are subject to meeting but not exceeding the matching fund requirement pursuant to Sections 5.140.240, 5.140.250, and 5.140.260 of the Mendocino County Code relative to the matching funds ...
ANNUAL FINANCIAL REVIEW. BC Housing will conduct an annual financial review of the Provider. To facilitate the annual financial review, the Provider will:
1. submit audited financial statements, and a copy of the related auditor’s management letter to BC Housing within four (4) months after the end of each Fiscal Year. Where the
2. include details of any funding received from another agency or organization and used by the Provider to co-fund the management of the Development and the delivery of Support Services;
3. provide an auditor’s letter or notes with the financial statements indicating that any Operating Surplus is being spent and accounted for as provided in this Agreement; and
4. submit other financial information requested by BC Housing in a format approved by BC Housing from time to time.
ANNUAL FINANCIAL REVIEW. Contractor shall complete financial records in an auditable form and content according to Generally Accepted Accounting Principles. Financial records shall include all costs, expenses, expenditures, revenues, accounts receivable, and xxxxxxxx pertinent to performance of this Agreement and shall be provided to the Agency. The Agency shall protect the financial records and any information taken there from as confidential and shall not disclose such records or information except as required by law.
