Common use of Basic Operating Grant Clause in Contracts

Basic Operating Grant. i. The Basic Operating Grant includes funding for a baseline level of enrolment, measured in eligible Basic Income Units (BIUs). The TST’s share of the Basic Operating Grant (BOG) equals its share of 1986-87 formula grants, plus any subsequent funding increases that have been rolled into base. The TST will continue to receive its share of the BOG as long as it maintains enrolment within a band of plus or minus three percent of its baseline enrolment level, excluding enrolment changes funded via a special purpose grant envelope outside the Basic Operating Grant, as noted below. Effective 2014-15, the following grants and BIUs are included in the BOG allocation to the TST:

Basic Operating Grant. ‌‌ i. The Basic Operating Grant includes funding for a baseline level of enrolment, measured in eligible Basic Income Units (BIUs). The TST’s share of the Basic Operating Grant (BOG) equals its share of 1986-87 formula grants, plus any subsequent funding increases that have been rolled into base. The TST will continue to receive its share of the BOG as long as it maintains enrolment within a band of plus or minus three percent of its baseline enrolment level, excluding enrolment changes funded via a special purpose grant envelope outside the Basic Operating Grant, as noted below. Effective 2014-15, the following grants and BIUs are included in the BOG allocation to the TST:TST:‌‌