BUDGET AND OPERATING COSTS Sample Clauses

BUDGET AND OPERATING COSTS. A. The Authority shall prepare an annual budget. In the event the Authority believes funds from each Member for operating and/or administrative costs not paid by the Emergency Telephone Charge revenues will be necessary, it shall prepare a budget and submit a preliminary budget funding request to each Member by August 1st of each year that this Agreement is in effect. Each Member shall then consider the budget funding request in its annual appropriation. The Members shall be required to pay to the Authority, within ninety (90) days of notification, an equitable percentage of the total operating and/or administrative costs not funded by the Emergency Telephone Charge revenues. Each Member’s percentage of that cost shall be based upon its exclusive population, except for OCETSA and SMETSA, whose contributions shall be based upon the respective SMETSA and OCETSA Agreements, as may be amended from time to time. B. Failure of a Member to pay its budget funding contribution, pursuant to this Article VII, shall constitute default in accordance with Article XI. C. The Authority may budget and fund to contract with one or more of its Members for the services of an executive director (the “Director”). The Director may be the employee of a Member yet report directly to the Governing Body. The Director may serve as the Authority’s Financial Officer and may provide essential duties and meet responsibilities as set by the Governing Body. The Authority is not required to contract for a Director. D. The Authority may designate one or more employees of Members to provide administrative services to the Authority, with the consent of the Member that is the employer of such person(s). The Authority may reimburse the Member that is the employer for the administrative services, from the Emergency Telephone Charge revenues. The Authority may contract for additional services from third parties or independent contractors.
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BUDGET AND OPERATING COSTS. All of the costs of holding meetings provided for in articles 7-3 and 4-3 are paid for by the Group (translation and circulation of preparatory documents and meeting minutes, transport and accommodation costs of employees' representatives, and the people invited set out in article 6-3). - The Group will also pay for the costs of training the permanent and deputy members of the European Works Council under the terms of article 8-4. In addition to the secretariat meetings taking place on the occasion of the plenary sessions of the EWC, the management of the group will pay the costs concerned with 4 further secretariat meetings per year. The secretariat has premises permanently available with equipment (data processing, telecommunications). The management supplies the logistic support for the secretariat. - Costs relating to the work groups defined in article 5-2, and the costs of expert opinion on the consolidated accounts and those decided on with the agreement of the Chairman (article 5-4) will be paid for by the Group. - Lastly, a budget of 70 000 Euros is granted to the secretariat for the experts’ reports mentioned in the penultimate paragraph of article 5-4, for the first year of the EWC’s functioning.
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BUDGET AND OPERATING COSTS. All of the costs of holding meetings provided for in articles 7-3 and 4-3 are paid for by the Group (translation and circulation of preparatory documents and meeting minutes, transport and accommodation costs of employees' representatives, and the people invited set out in article 6-3). The Group companies shall also pay for the costs of training the permanent and deputy members of the European Works Council under the terms of article 8-4. In addition to the secretariat meetings taking place on the occasion of the plenary sessions of the EWC, the management of the group will pay the costs concerned with 4 further secretariat meetings per year. The secretariat has premises permanently available with equipment (data processing, telecommunications). The management shall provide logistical support to the Secretariat and shall make administrative support available for its operation and management. Costs relating to the work groups defined in article 5-2, and the costs of expert opinion on the consolidated accounts and those decided on with the agreement of the Chairman (article 5-4) will be paid for by the Group. Furthermore, the EWC Secretariat shall be entitled to and responsible for allocating a portion of the annual budget devoted to EWC by Group Management, in order to cover the following expenses: - translations requested by EWC Secretary - training of French members, - telephone: 35 K€ in 2005, - travels at the initiative of EWC members, aside from Plenary Assemblies, Secretariat meetings and Working Group meetings - expert appraisals covered under ante-penultimate paragraph of Article 5-4 - miscellaneous operating expenses For the Year 2005 and under the scope covered at the date of this Agreement revision, the maximum amount of this budget portion shall not exceed €185,000, of which €70,000€ earmarked for expert appraisals. Accounting management shall be provided by Management, in accordance with applicable standards related to purchase orders, ordering and invoicing.
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BUDGET AND OPERATING COSTS. 5.1 If there is a dedicated source of funding, including but not limited to a County Emergency Communications and Emergency Medical Services Gross Receipts Tax (the G.R. tax) then the annual budget of the Authority shall be submitted to the Board of County Commissioners of Taos County and shall not be effective until approved by the Board of County Commissioners. Unless otherwise provided in this Agreement, the County shall provide the funds that are necessary for the Authority's administrative and operational expenses from the revenue generated by the County Emergency Communications and Emergency Medical Services Gross Receipts Tax (the G.R. tax), if implemented. The Authority shall pay a reasonable fee each fiscal year, to be determined by the Authority's Board of Directors, to compensate the County for the administrative support services the County has provided to the Authority during the preceding fiscal year. 5.2 If there is a dedicated source of funding, including but not limited to a County Emergency Communications and Emergency Medical Services Gross Receipts Tax (the G.R. tax) the County shall allocate a percentage, not less than 50%, of the G.R. tax to fund the Authority's administrative and operational expenses and a percentage of the G.
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BUDGET AND OPERATING COSTS. All costs incurred in connection with the meetings provided for in Articles 5-2, 5-3 et 7-3 are met by the Group (translation and distribution of preparation documents and minutes, the transport and accommodation expenses of employee representatives and invited members, referred to in Article 6-3). Management shall meet the costs in connection with the Secretariat's monthly meetings. Management will endeavour to reduce the costs that are met by smaller companies. The Group shall also meet the cost of training for full and deputy members of the EWC, as specified in Article 8-4 hereafter. The Secretariat is provided with equipped (IT and telecommunications) and independent premises on a permanent basis. The Secretariat shall be provided with part-time administrative support. The costs incurred in connection with the working groups specified in Article 5 and the expert appraisals decided with the Chairman's approval (Article 5.4) are paid by the Group. Translations commissioned on the initiative of the Secretariat, as part of preparation for and debriefing after meetings, are paid by the group. Each year, a budget is allocated to the EWC and monitored by the Secretariat, in particular to cover the cost of the expert appraisals decided on the EWC's initiative, of other translations commissioned on the initiative of the members or the Secretariat, and of the transport and accommodation expenses that are not covered by Management. The maximum budget is set at EUR 80,000 per year.
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BUDGET AND OPERATING COSTS. TCD shall operate on a July 1 through June 30 fiscal year. The annual budget of the TCD shall be submitted to the Board of Directors and shall not be effective until approved by the Board of Directors. Unless otherwise provided in this Agreement, the County shall provide the funds that are necessary for the TCD’s administrative and operational expenses from the revenue generated by the County Emergency Communications Gross Receipts Tax. The operating, reserve and capital budgets for TCD shall be determined as follows: Not less than 150 days prior to the end of TCD’s fiscal year (January 31), the Executive Director and Finance Committee shall present proposed annual and five year operating, reserve and capital budgets to the Board of Directors. Not less than 120 days prior to the end of TCD’s fiscal year (February 28), the Board of Directors shall return its recommendations to the Executive Director and Finance Committee. Not less than 90 days prior to the end of TCD’s fiscal year (March 31), the Executive Director shall return the proposed annual and five year operating, reserve and capital budgets to the Board for approval. If the Executive Director and the Board of Directors disagree on any aspect of the proposed budgets, the Executive Director shall submit an explanation of the items of disagreement with the proposed budgets. Not less than 60 days prior to the end of TCD’s fiscal year (April 30), the Board of Directors shall deliver to the County Manager a final budget stating the amount budgeted to TCD for the upcoming fiscal year. If the County Emergency Communications Gross Receipts Tax is not sufficient to meet TCD’s operating, reserve, or capital budget for any fiscal year, the Board may revise and balance the budget, adopt a budget below the amount of its proposed budget, or, the Parties shall jointly contribute the amount necessary to meet TCD’s operating budget. The amount of each Party’s contribution shall be determined by applying the following percentages to the total amount of the required contribution: Taos County 35% Town of Taos 35% Village of Questa 10% Taos Ski Valley 10% Taos Pueblo 10%
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BUDGET AND OPERATING COSTS. 5.1 If there is a dedicated source of funding, including but not limited to a County Emergency Communications and Emergency Medical Services Gross Receipts Tax (the G.R. tax) then the annual budget of the Authority shall be submitted to the Board of County Commissioners of Taos County and shall not be effective until approved by the Board of County Commissioners. Unless otherwise provided in this Agreement, the County shall provide the funds that are necessary for the Authority's administrative and operational expenses from the revenue generated by the County Emergency Communications and Emergency Medical Services Gross Receipts Tax (the G.R. tax), if implemented. The Authority shall pay a reasonable fee each fiscal year, to be determined by the Authority's Board of Directors, to compensate the County for the administrative support services the County has provided to the Authority during the preceding fiscal year. 5.2 If there is a dedicated source of funding, including but not limited to a County Emergency Communications and Emergency Medical Services Gross Receipts Tax (the G.R. tax) the County shall allocate a percentage, not less than 50%, of the G.R. tax to fund the Authority's administrative and operational expenses and a percentage of the G. R. tax to fund the ambulance service. Those percentages shall total 100%. The Board of County Commissioners may adjust the percentage of the tax allocated to the communications fund and the ambulance service fund as necessary in the future to meet the funding requirements for both services. If the County Emergency Communications total tax fund is not sufficient to meet the Authority's operating budget for any fiscal year, The County and the local governing bodies shall jointly contribute the amount necessary to meet the Authority's operating budget. The amount of each entity's FY 2013-2014 contribution shall be determined by applying the following percentages to the total amount of the required contribution, and thereafter as determined by the Board, with the Town and Villages share not to exceed 45% in total: The County 53% The Town of Taos 43% The Village of Questa 2% The Village of Taos Ski Valley 2% TOTAL 100% 5.3 If there is a dedicated source of funding, including but not limited to a County Emergency Communications and Emergency Medical Services Gross Receipts Tax (the G.R. tax) and then the County terminates its participation in this Agreement, the County shall, notwithstanding its non-participation, con...
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BUDGET AND OPERATING COSTS 
Sample 1

Related to BUDGET AND OPERATING COSTS

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