Common use of BASIS FOR REIMBURSEMENT Clause in Contracts

BASIS FOR REIMBURSEMENT. 1. Professional growth reimbursement is offered as an incentive to certificated/ licensed employees to continue formal training; college or university credits will be used to earn professional growth reimbursement. 2. Twenty thousand dollars ($20,000) shall be budgeted each year for this purpose and is to be divided as follows: a. Ten thousand dollars ($10,000) for fall semester; five thousand dollars ($5,000) for spring semester; and five thousand dollars ($5,000) for summer semester. b. The amount of reimbursement will be based on a per-credit amount which shall be determined by dividing the semester allocation by the number of credit hours for which reimbursement has been applied for by bargaining unit members for said semester. c. The bargaining unit member shall submit proof of payment and transcript to the Superintendent by January 15 for the fall semester; by June 15 for the spring semester; and by September15 for the summer semester. d. Any reimbursement will not exceed the amount the bargaining unit member paid for such courses. e. Payment will be rendered within thirty (30) days of deadline specified in Section B(2)(c) above.

BASIS FOR REIMBURSEMENT. 1. Professional growth reimbursement is offered as an incentive to certificated/ certificated/licensed employees to continue formal training; college or university credits will be used to earn professional growth reimbursement. 2. Twenty thousand dollars ($20,000) shall be budgeted each year for this purpose and is to be divided as follows: a. Ten thousand dollars ($10,000) for fall semester; five thousand dollars ($5,000) for spring semester; and five thousand dollars ($5,000) for summer semester. b. The amount of reimbursement will be based on a per-credit amount which shall be determined by dividing the semester allocation by the number of credit hours for which reimbursement has been applied for by bargaining unit members for said semester. c. The bargaining unit member shall submit proof of payment and transcript to the Superintendent by January 15 for the fall semester; by June 15 for the spring semester; and by September15 for the summer semester. d. Any reimbursement will not exceed the amount the bargaining unit member paid for such courses. e. Payment will be rendered within thirty (30) days of deadline specified in Section B(2)(c) above.