Budget and Revenues Sample Clauses

Budget and Revenues. A. Each year during the term of this Agreement, the Department shall submit to the Board during its regularly scheduled June board meet ing, a proposed operating budget for the Board’s review, modification, and approval, in the Board’s sole discretion. B. The operating budget shall be automatically modified and amended based upon the revenues actually received by the District. Should the revenu es actually received by the District be less than expected or budgeted, or should the District be unable to meet its financial obligations to the Departm ent under thi s Agreement, the Depart ment shall adjust its budget accordingly. Any adjust ment of the Department’s budget (and related adjustment of the First Responder Services provided) made pursuant to this paragraph due to tax fund availabilit y shall not in and of itself be the basis for a claim against the District or the Depart ment for breach of this Agreement. C. As unexpected or emergency expenses are incurred by the Department in connection with providing the First Responder Services , the Department m ay submit to the Board a request for additional funds for the District’s review and act ion. All such requests for additional funds shall be in writ ing and shall describe in detail the unexpected or emergency event causing the Department to incur the additional expense.
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Budget and Revenues. The Career Center collaboratively with the Workforce Board shall develop a detailed and integrated budget that reflects all expenses related to the Career Center. A budget will be developed annually based on appropriations from the Commonwealth of Massachusetts and Department of Labor as well as any other additional grants or funding streams. The Lead Operator will collaboratively work with the Workforce Board to establish a salary scale for all non- union employees. Additionally, the Lead Operator will provide the Workforce Board with documentation of raises or step increases within fourteen (14) days of the award. The Workforce Board upon request shall be provided with copies of yearly performance reviews for Career Center Staff. The Lead Operator will utilize any and all designated and associated funds available from the ToolingU Virtual Training Grants for the sole purpose to promote the Career Center and increase incentives to access industry specific credentials. Any revenues above costs generated by the Career Center Operator through use of WIOA grant funds, including interest income or other program generated income, must be reported as program income and used for continued Career Center Operations. The Career Center may not charge companies or individuals eligible for workforce programs a fee for any basic service; however, if the Career Center intends to charge fees for enhanced services to non-eligible individuals and/or businesses, the service and fee structure must be fully described and approved by the Workforce Board.
Sample 1
Budget and Revenues. A. Each year during the term of this Agreement, the City shall submit to the Board during its regularly scheduled June board meeting, a proposed operating budget for the Board’s review, modification, and approval, in the Board’s sole discretion. B. The operating budget shall be automatically modified and amended based upon the revenues actually received by the District. Should the revenues actually received by the District be less than expected or budgeted, or should the District be unable to meet its financial obligations to the City under this Agreement, the City shall adjust its budget accordingly. Any adjustment of the City’s budget (and related adjustment of the First Responder Services provided) made pursuant to this paragraph due to tax fund availability shall not in and of itself be the basis for a claim against the District or the City for breach of this Agreement. C. As unexpected or emergency expenses are incurred by the City in connection with providing the First Responder Services, the City may submit to the Board a request for additional funds for the District’s review and action. A ll such requests for additional funds shall be in writing and shall describe in detail the unexpected or emergency event causing the City to incur the additional expense.
Sample 1
Budget and Revenues. The Career Center collaboratively with the Workforce Board shall develop a detailed and integrated budget that reflects all expenses related to the Career Center. A budget will be developed annually based on appropriations from the Commonwealth of Massachusetts and Department of Labor as well as any other additional grants or funding streams. Any revenues above costs generated by the Career Center Operator through use of WIOA grant funds, including interest income or other program generated income, must be reported as program income and used for continued Career Center Operations. The Career Center may not charge companies or individuals eligible for workforce programs a fee for any basic service; however, if the Career Center intends to charge fees for enhanced services to non-eligible individuals and/or businesses, the service and fee structure must be fully described and approved by the Workforce Board.
Sample 1

Related to Budget and Revenues

  • Annual Operating Budget and Financial Projections Within sixty (60) days after the end of each fiscal year of Borrower Representative (and promptly and within five (5) days of any material modification thereto), an annual operating budgets, on a consolidating basis (including income statements, balance sheets and cash flow statements, by month) for the upcoming fiscal year of Borrower Representative, as approved by Borrower Representative’s Board, together with any related business forecasts used in the preparation of such annual financial projections.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • Budget Summary Other Sources (Page BudgetSum 2-3 - Acct 7000), must equal Other Uses (BudgetSum 2-3 - Acct. 8000). Estimated Beginning Fund Balance July,1 2020 for all Funds (Cells C3 - K3) (Line must have a number or zero. Do not leave blank.) OK Estimated Activity Fund Beginning Fund Balance July,1 2020 (Cell C83) (Cell must have a number or zero. Do not leave blank.) OK Transfer Among Funds (Funds 10, 20, 40 - Acct 7130 - Cells C29, D29, F29), must equal (Funds 10, 20 & 40 - Acct 8130 - Cells C52, D52, F52). OK Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru 60, & 80 - Acct 8140 - Cells C53:H53, J53). OK Transfer to Debt Service to Pay Principal on Capital Leases (Fund 30 - Acct 7400 - Cell E39) must equal (Funds 10, 20 & 60 - Acct 8400 Cells C57:H60). OK Transfer to Debt Service to Pay Interest on Capital Leases (Fund 30 - Acct 7500 - Cell E40) must equal (Funds 10, 20 & 60 - Acct 8500 - Cells C61:H64). OK Transfer to Debt Service Fund to Pay Principal on Revenue Bonds (Fund 30 - Acct 7600 - Cell E41) must equal (Funds 10 & 20 - Acct 8600 - Cells C65:D68). OK Transfer to Debt Service to Pay Interest on Revenue Bonds (Fund 30 - Acct 7700 - Cell E42) must equal (Funds 10 & 20 - Acct 8700 - Cells C69:D72). OK Transfer to Capital Projects Fund (Fund 60 - Acct 7800 - Cell H43) must equal (Fund 10 & 20, Acct 8800 - Cells C73:D76). OK

  • Background and Narrative of Budget Reductions 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short and Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain:

  • Budget Schedule Subrecipient agrees that the expenditures of any and all funds under this Contract will be in accordance with the Budget Schedule, a copy of which is attached hereto as Attachment C, and which by this reference is incorporated herein and made a part hereof as if fully set forth.

  • Financial Reporting and Rent Rolls Each Mortgage Loan requires the Mortgagor to provide the owner or holder of the Mortgage Loan with (a) quarterly (other than for single-tenant properties) and annual operating statements, (b) quarterly (other than for single-tenant properties) rent rolls (or maintenance schedules in the case of Mortgage Loans secured by residential cooperative properties) for properties that have any individual lease which accounts for more than 5% of the in-place base rent, and (c) annual financial statements.

  • Budget Control Records of expenditures must be maintained for each Award by the cost categories of the approved Budget (including indirect costs that are charged to the Award), and actual expenditures are to be compared with Budgeted amounts at least quarterly.

  • Budget Revisions Grantee shall obtain Prior Approval from Grantor whenever a Budget revision is necessary for one or more of the reasons enumerated in 2 CFR 200.308 or 44 Ill. Admin. Code 7000.370(b). All requests for Budget revisions that require Grantor approval shall be signed by Grantee’s authorized representative and submitted to Grantor for approval. Expenditure of funds under a requested revision is prohibited and will not be reimbursed if expended before Grantor gives written approval.

  • Financial Plans as soon as practicable and in any event no later than 45 days after the beginning of each Fiscal Year, a consolidated plan and financial forecast for such Fiscal Year (the “Financial Plan” for such Fiscal Year), including (a) a forecasted consolidated balance sheet and forecasted consolidated statements of income and cash flows of Holdings and its Subsidiaries for such Fiscal Year and (b) forecasted consolidated statements of income and cash flows of Holdings and its Subsidiaries for each Fiscal Quarter of such Fiscal Year, together with an explanation of the assumptions on which such forecasts are based;

  • Production Report and Lease Operating Statements Within 60 days after the end of each fiscal quarter, a report setting forth, for each calendar month during the then current fiscal year to date, the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) for each such calendar month from the Oil and Gas Properties, and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred for each such calendar month.

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