Budget/Financial Sample Clauses
Budget/Financial. The Maine Learning Technology Initiative is funded through the General Purpose Aid (GPA) fund that is appropriated by the Legislature in support of schools. The GPA fund is generally referred to as “State Subsidy” or “State Aid”. Schools receive funding from GPA through a funding formula. Prior to subsidy calculations, the Commissioner of Education has the authority to allocate funds from GPA to pay for systemic programs like the MLTI. Historically, the State of Maine has paid for MLTI grades 7, 8, and teacher seats as well as wireless infrastructure for all 7-12 participating schools through this funding mechanism. It is the intent of the State of Maine to continue to do so.
Budget/Financial. Feasibility Provide a summary of the project budget, including total project cost. The project budget must also detail the funding commitment from all partners, and verify both the amount and the percentage of CELP funding requested in relation to total project costs. • Project Plan • Detailed project budget, including all funding documentation The proponent will identify: • the total before-tax estimated cost of the project; • the community’s own contribution; • the other funder(s) and funding amount(s) (itemized); • the funding amount requested from CELP; and • an itemized cost estimate of the project components The budget should outline the project’s monthly costs until project completion, and then predicted quarterly or annual revenue or energy cost savings following project completion. If relevant, for any funding shortfall, the proponent must demonstrate the capacity to borrow the balance outstanding, or will receive additional funding from project partners prior to execution of a Contribution Agreement with the Ministry.
Budget/Financial. The Nextfare System provided by Cubic is budgeted for as part of the 2019-2022 base budget. Therefore the cost of the required extension of the contract of $218,661 USD (approx $278,000 CAD) will be managed within the existing ETS 2022 operating budget.
Budget/Financial. A. The COUNTY will apply CDBG funds in the amount of $185,000 to the PROJECT. The obligations of the COUNTY are expressly subject to the COUNTY receiving funds from HUD for the PROJECT, and in no event shall the COUNTY'S financial contribution exceed the amount finally granted, released and approved by HUD for this project.
B. The CITY agrees to contribute the greater of:
1. Twenty percent (20%) of the total cost of the PROJECT, or
2. All costs for design and construction which exceed available CDBG funds budgeted for the PROJECT.
C. In the event the PROJECT can not be completed with available funds the COUNTY and CITY will jointly determine the priorities of the improvements to be made within funding limits.
D. The CITY shall be credited towards the matching requirements stated in Part III.
Budget/Financial. The requested approval is for the design and installation of a crossing warning system, including flashing lights, bell and gates, for an amount not to exceed $597,553 (excluding GST). This amount is currently allocated within the existing 2019 to 2022 approved Capital Profile CM-66-2194 - Regulated Rail Safety Upgrades. As per the City Administration Bylaw 16620, agreements over $500,000 that do not arise from a competitive procurement process must be approved by the appropriate Committee of Council. The City is subject to trade agreements that require an open competitive process for procurements of this value, unless a trade agreement exemption applies. For this procurement, the sole source exemption in each trade agreement applies. Administration completed public engagement in 2019 and 2020 regarding the 162 Avenue road widening and upgrade project, and received positive feedback related to the installation of the warning system. Administration also completed stakeholder engagement with representatives of CN and railway union regarding the whistle cessation project, as required by Transport Canada. Further public notification will be provided, as required by Transport Canada, prior to the request for City Council to pass a resolution for whistle cessation at the 162 Effective accessibility to major routes and to rail, airports, and highways. Traffic congestion is managed To Be Determined Adherence to timeline and cost based on confirmed construction schedule. Time: +/- # Days From Confirmed Completion Date Cost: <= $ Approved Budget Financial Sole Source pricing risk 3 - Possible 2 - Moderate 6 - Medium Agreement language in place to mitigate pricing risks. N/A Avenue east of 142 Street railway crossing. This is anticipated to occur after the installation of the warning device, if approved, in 2022.