Common use of Budget Appropriation Clause in Contracts

Budget Appropriation. A. The College shall budget the sum of $233,603.73 ($93,295.55 appropriation + $6,064.21 future year use + $134,243.97 unused) for 2023-24 for full-time member professional growth funds and shall increase the appropriation each year thereafter by an amount equal to the annual increase in the U.S CPI-U. B. The College shall budget the sum of $20,720.85 ($16,560.22 appropriation + $1,076.41 future year use + $3,084.22 unused) for 2023- 24 for adjunct faculty member professional growth and shall increase the appropriation each year thereafter by an amount equal to the annual increase in the U.S. CPI-U. C. Individual members may, with appropriate approval, reserve the current year allocation and combine it with the following year’s amount in support of significant professional growth activity. Such reserved funds will be considered to have been expended in calculating the carryover referred to in paragraph D below. D. Unexpended funds in the faculty professional growth fund will be carried forward into the new fiscal year and will be considered part of that year’s allocation. E. After April 15 of each contract, if funds are depleted from one of the accounts, approved requests will be funded from the account with available dollars.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Budget Appropriation. A. The College shall budget the sum of $233,603.73 220,017.79 ($93,295.55 85,988.27 appropriation + $6,064.21 8,675.31 future year use + $134,243.97 125,354.21 unused) for 20232020-24 21 for full-time member professional growth funds and shall increase the appropriation each year thereafter by an amount equal to the annual increase in the U.S CPI-U. B. The College shall budget the sum of $20,720.85 25,316.94 ($16,560.22 15,263.16 appropriation + $1,076.41 1,533.38 future year use + $3,084.22 8,520.40 unused) for 2023- 24 2020- 21 for adjunct faculty member professional growth and shall increase the appropriation each year thereafter by an amount equal to the annual increase in the U.S. CPI-U. C. Individual members may, with appropriate approval, reserve the current year allocation and combine it with the following year’s amount in support of significant professional growth activity. Such reserved funds will be considered to have been expended in calculating the carryover referred to in paragraph D below. D. Unexpended funds in the faculty professional growth fund will be carried forward into the new fiscal year and will be considered part of that year’s allocation. E. After April 15 of each contract, if funds are depleted from one of the accounts, approved requests will be funded from the account with available dollars.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Budget Appropriation. A. The College shall budget the sum of $233,603.73 135,871.13 ($93,295.55 79,128.96 appropriation + $6,064.21 2,641.20 future year use + $134,243.97 54,100.97 unused) for 2023-24 2016- 17 for full-time member professional growth funds and shall increase the appropriation each year thereafter by an amount equal to the annual increase in the U.S CPI-U. B. The College shall budget the sum of $20,720.85 16,245.46 ($16,560.22 14,272.56 appropriation + $1,076.41 615.12 future year use + $3,084.22 1,357.78 unused) for 2023- 24 2016-17 for adjunct faculty member professional growth and shall increase the appropriation each year thereafter by an amount equal to the annual increase in the U.S. CPI-U. C. Individual members may, with appropriate approval, reserve the current year allocation and combine it with the following year’s amount in support of significant professional growth activity. Such reserved funds will be considered to have been expended in calculating the carryover referred to in paragraph D below. D. Unexpended funds in the faculty professional growth fund will be carried forward into the new fiscal year and will be considered part of that year’s allocation. E. After April 15 of each contract, if funds are depleted from one of the accounts, approved requests will be funded from the account with available dollars.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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