Budget Administration Sample Clauses
The Budget Administration clause defines the procedures and responsibilities for managing and overseeing the financial resources allocated to a project or contract. It typically outlines who is authorized to approve expenditures, how budget modifications are handled, and the reporting requirements for tracking spending against the approved budget. By establishing clear guidelines for budget oversight, this clause helps prevent overspending, ensures accountability, and facilitates transparent financial management throughout the duration of the agreement.
Budget Administration. The Community Education Director shall prepare an annual Community Services Division budget and submit the same for review to the Board. Upon recommendation by the Community Education Director, the City Council shall amend and adopt the Community Services Division budget. The Community Education Director shall also prepare an annual budget to the Board related to the budget request to the ▇▇▇▇▇▇▇▇ Board of Education. Upon recommendation by the Community Education Director, the ▇▇▇▇▇▇▇▇ Board of Education shall amend and adopt those related budgets.
Budget Administration. Following the adoption of the annual Budget by the City Council, manage departmental spending including entering, reviewing, and approving invoices for purchase orders and purchases as well as preparing information related to year end close out and audit. For capital projects, manage expenses across fiscal years in accordance with City policies.
Budget Administration. Following the adoption of the annual Budget by the City Council, manage departmental spending including entering, reviewing, and approving invoices for purchase orders, purchases, payments, and reimbursements. Payments includes processing those required to fulfill adopted Intergovernmental Agreements budgeted for within the Public Works Department such as Animal Control and service contracts budgeted for within the Public Works Department such as streetlight, school flashers, and other traffic-related electricity. Reimbursements include those for federal and state funded capital projects. Budget administration also includes preparing information related to year end close out and audit. For capital projects, manage expenses across fiscal years in accordance with City policies.
Budget Administration. Monthly, the status of the Operating Budget is reviewed by the Property Manager and Regional Property Manager. The review is related to the current financial situation and anticipated expense through the remainder of the fiscal year. Attention, in particular, is given to those phases of the budget plan which require an accelerated effort and the redirection of budget or spending patterns when current and prospective financial circumstances dictate.
Budget Administration. Manage Parks Bond expenditures including entering, reviewing, and approving invoices for purchase orders and purchases as well as preparing information related to year end close out and audit. Payments include processing those required to fulfill adopted Intergovernmental Agreements budgeted for within the Parks Bond projects. For multi-year projects, manage expenses across fiscal years in accordance with Municipality policies.