Budget Allocation and Assessment Sample Clauses

Budget Allocation and Assessment. The Board of Directors shall allocate the annual operating budget among the Parties by first subtracting from the total operating budget (i) the total Base Fee assessed for the budget year, (ii) any grant funding authorized to be expended by the Board of Directors in the budget year, and (iii) any amounts authorized by the Board of Directors to be transferred into a Program contingency or reserve fund during the budget year, and then dividing the balance equally among the Parties (the “Budget Allocation”). By January 15 of the preceding year, each Party shall be assessed a Base Fee and a Budget Allocation. The Budget Allocation shall be included in the special education appropriations of each school administrative unit of the Parties hereto. The Parties shall pay their allocations to the Fiscal Agent in quarterly installments starting on July 1 of the budget year.
Sample 1
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Budget Allocation and Assessment i. The Board may assess an annual membership fee on each Member and Associate Member, and may assess an annual service allocation fee based on the following cost sharing formula:
Sample 1
Budget Allocation and Assessment i. The Board of Directors may assess an annual membership fee on each Member and Associate Member, and may assess an annual service allocation fee based on each Member’s and Associate Member’s use of and participation in the functions, programs, and services provided by the Regional Service Center as determined by the Board of Directors. The annual membership fee and the annual service allocation fee shall not be assessed against those Members that have elected not to purchase any functions, programs, and services from the Regional Service Center pursuant to Section 14 (“Minimum Member Obligation”). For purposes of calculating the annual membership fee for the Regional Special Education Program, the Board of Directors shall assess a fixed annual contribution from each Member and Associate Member, as follows: Fiscal Year Regional Special Education Program Service Allocation Fee 2018-19 12.5% of the FY2018-19 RSC operating budget attributable to the Program 2019-20 12.5% of the FY2019-20 operating budget attributable to the Program For purposes of calculating the annual service allocation fee for the Regional Special Education Program, the Board of Directors shall assess each Member and Associate Member a pro rata share of the costs of operating the Program based on the percentage of students from each Member’s or Associate Member’s school administrative unit(s) that is estimated by each Director to be enrolled in the Program in the budget year. This assessment shall be adjusted as necessary to reflect the actual number of students from each Member’s or Associate Member’s school administrative unit(s) that are enrolled in the Program on October 1 of the budget year. This cost-sharing arrangement may be modified by October 1 of any year for the following fiscal year by a vote of two-thirds of the full membership of the Board of Directors.
Sample 1
Budget Allocation and Assessment i. The Board of Directors shall assess the amounts necessary to fund the annual operating budget for joint purchasing of food supplies and maintenance supplies on the Members in equal shares per Member. This cost-sharing arrangement may be modified by October 1 of any year for the following fiscal year by an affirmative vote of two-thirds of the full membership of the Board of Directors;
Sample 1

Related to Budget Allocation and Assessment

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2022-23, and as estimated costs for fiscal year 2024-25 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2024, for further allocation to federal grants and contracts performed by the respective county departments.

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • Tax Allocations Code Section 704(c).

  • Four-Digit Date Compliance If this Agreement includes the purchase of systems, software, or instrumentation with imbedded chips, this section is applicable. Contractor represents and warrants that it will provide only Four-Digit Date Compliant deliverables and services to the JBE. “Four-Digit Date Compliant” deliverables and services can accurately process, calculate, compare, and sequence date data, including date data arising out of or relating to leap years and changes in centuries. This warranty and representation is subject to the warranty terms and conditions of this Agreement and does not limit the generality of warranty obligations set forth elsewhere in this Agreement.

  • Post-Commercial Operation Date Testing and Modifications Each Party shall at its own expense perform routine inspection and testing of its facilities and equipment in accordance with Good Utility Practice as may be necessary to ensure the continued interconnection of the Large Generating Facility with the Participating TO’s Transmission System in a safe and reliable manner. Each Party shall have the right, upon advance written notice, to require reasonable additional testing of the other Party’s facilities, at the requesting Party’s expense, as may be in accordance with Good Utility Practice.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • Cost Estimate The cost estimate shall set out the estimated costs for the proposed Change Order in such a way that a fair evaluation can be made. It shall include a breakdown for labor, materials, equipment and markups for overhead and profit, unless TxDOT agrees otherwise. If the work is to be performed by Subcontractors and if the work is sufficiently defined to obtain Subcontractor quotes, DB Contractor shall obtain quotes (with breakdowns showing cost of labor, materials, equipment and markups for overhead and profit) on the Subcontractor’s stationery and shall include such quotes as back-up for DB Contractor’s estimate. No markup shall be allowed in excess of the amounts allowed under Section 10.6. DB Contractor shall identify all conditions with respect to prices or other aspects of the cost estimate, such as pricing contingent on firm orders being made by a certain date or the occurrence or non-occurrence of an event.

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