Budget Procedures. A. Grantee shall utilize the funding only for costs that are both allowable and approved. To utilize funds for an expense not documented on the HHSC-approved cost reimbursement budget, Grantee shall submit a written request to HHSC for approval prior to utilizing the funds for the expense. HHSC will provide a written Notice to Proceed (NTP) if the requested expense is approved. Grantee shall not use funds for such an expense until NTP is received from HHSC.
B. If needed, Grantee may revise the HHSC-approved cost reimbursement budget. The following requirements apply to budget transfers across budget categories:
1. Transferring funds between budget categories, other than the “Equipment” and “Indirect Cost” categories, is allowable without requesting approval from HHSC, but only if the budget transfer(s) do not exceed ten percent (10%) of the total amount during the Project Period, alone or cumulatively.
2. For transfers between budget categories, other than the “Indirect Costs” or “Equipment” categories, that exceed ten percent (10%) of the total allotted amount during a Project Period, Grantee shall submit a timely written request for review and approval to the following email address: XXXXXxxxxXxxxxxxxx@xxx.xxxxx.xxx. If approved, HHSC will provide written correspondence documenting approval of the cost reimbursement budget revision.
3. Any budget revisions to the “Indirect Costs” and/or “Equipment” categories must be incorporated by an amendment to the Grant Agreement. Grantee shall timely submit a written request with justification for the budget revision to the following email address: XXXXXxxxxXxxxxxxxx@xxx.xxxxx.xxx. If Xxxxxxx’s request is approved, then HHSC will notify Grantee; however, Xxxxxxx’s budget revision is not authorized, and funds cannot be utilized until the amendment incorporating the revisions is executed.
4. After Grantee purchases approved equipment with HHSC funds, the equipment must be inventoried, maintained in working order, and appropriately secured.
Budget Procedures. A. The Executive Director and Designated Staff shall be responsible for the finances of the Association using accepted accounting practices. The Board of Directors is accountable to the membership for the establishment and oversight of all fiscal policies and practices.
B. The budget process shall be year-round based on a fiscal year beginning July 1 and ending on June 30. The Board of Directors shall adopt the annual budget no later than May 15 of each year. The Board of Directors shall receive quarterly financial reports, and, at its discretion, may order additional financial reports.
C. Fiscal policies shall be adopted and revised by the Board of Directors.
D. The Executive Director and Designated Staff shall develop fiscal procedures as required by law and adopted by the Board of Directors.
Budget Procedures. The Board will forward to the Association public documents pertaining to the budget for School District #78 (Fraser-Cascade) as soon as possible after their becoming available.
Budget Procedures. A. Grantee shall utilize the funding only for costs that are both allowable and approved. To utilize funds for an expense not documented on the HHSC-approved cost reimbursement budget, Grantee shall submit written request to HHSC for approval prior to utilizing the funds for the expense. HHSC will provide a written Notice to Proceed (NTP) if the requested expense is approved. Grantee shall not use funds for such an expense until NTP is received from HHSC.
B. Grantee may revise the HHSC-approved cost reimbursement budget in accordance with the following requirements:
1. budget period amount without requesting approval from HHSC.
2. For transfers between bud categories, that exceeds ten percent (10%) cumulatively of the total budget period amount, Grantee shall submit a timely written request to the HHSC Contract Representative for review and approval. If approved, HHSC will provide written correspondence documenting approval of the budget revision.
3. Any budget revisions to the must be incorporated by Contract amendment. Grantee shall timely submit to the HHSC Contract Representative a written request with justification for the budget revision. request is approved, then HHSC will notify Grantee; however, is not authorized, and funds cannot be utilized until the amendment incorporating the revisions is executed.
4. After Grantee purchases approved equipment with System Agency funds, the equipment must be inventoried, maintained in working order, and appropriately secured.
Budget Procedures. (a) Not later than September 1 of such ----------------- calendar year, Owner will advise Operator of the parameters under which, and the level of, Services covered by this Agreement which are to be provided for the following calendar year.
(b) Not later than November 1 of such calendar year, Operator shall prepare a proposed Annual Budget for the following calendar year consisting of an estimate of the direct charges and the manufacturing indirect charges (i.e. including: assigned direct full time employees, direct hourly charges from the plant work order system, direct charges for plant engineering personnel, materials on a cost basis and manufacturing indirect expenses related to the above direct charges).
(c) Not later than November 15 of each calendar year, Owner and Operator shall meet to discuss the proposed Annual Budget to the extent and in sufficient detail necessary to reach an agreement and shall use all reasonable efforts to reach an agreement on the Annual Budget no later than December 15 of the applicable preceding calendar year.
(d) In the event no agreement is reached with respect to the Annual Budget on or prior to December 15 of the applicable preceding calendar year, the Annual
Budget Procedures. A. Contractor shall utilize the funding only for costs that are both allowable and approved. Any changes to the funding amount or payment method of this Contract shall require an amendment signed by both parties.
B. HHSC will pay Contractor two times per year for the actual cost of completing each deliverable or the nearest practicable estimate of that cost. Contractor has estimated its costs to be those amounts described in the table below and agrees these are estimated costs. Bi-annual Invoice No.
Budget Procedures. A. Funding Amounts by Calendar Year ( CY meaning January 1st through December 31st)
1. CY2023 System Agency Award: $522,660.00; and
2. CY2024 System Agency Award: $203,040.00.
B. System Agency total reimbursements for the grant term will not exceed $725,700.00. The CY2023 and CY2024 combined budget summary is outlined in the table below:
C. Grantee shall utilize the funding only for costs that are both allowable and approved. If Grantee wants to utilize funds for an expense not documented on the approved annual cost reimbursement budget, Grantee shall notify HHSC, in writing, and receive approval prior to utilizing the funds. HHSC shall provide a written Notice to Proceed (NTP) if the requested expense is approved.
D. HHSC-approved budget may be revised by Grantee in accordance with the following requirements:
1. For transfers or category, that are less than or equal to cumulative ten percent (10%) of the total value of the respective budget period, Grantee shall submit timely written notification to HHSC Contract Representative.
2. or category, that exceed cumulative ten percent (10%) of the total value of the respective budget period, Grantee shall submit timely written request and justification of budget revisions to HHSC Contract Representative for review and approval. If approved, HHSC will provide written correspondence documenting approval of the budget revision.
3. Any transfer
Budget Procedures. A. Grantee shall utilize the funding only for costs that are both allowable and approved. If Grantee wants to utilize funds for an expense not documented on the approved annual cost reimbursement budget, Grantee shall notify HHSC, in writing, and receive approval prior to utilizing the funds. HHSC shall provide a written Notice to Proceed (NTP) if the requested expense is approved.
B. If needed, Grantee may revise the HHSC-approved annual cost reimbursement budget. Revision requirements are as follows:
1. HHSC a ten percent (10%) of funds from budgeted
2. Grantee may request revisions to the approved annual cost reimbursement budget direct cost categories that exceed ten percent (10%) by submitting a written request to HHSC designated Contract manager. This change will require a formal Contract amendment. HHSC will amend the Contract revision is not authorized, and funds cannot be utilized, until the Contract amendment is executed.
3. category, but a formal Contract amendment is required. Grantee shall submit to Contract manager a written request to revise the budget that includes a justification for the revisions. HHSC will amend the Contract t is approved. utilized, until the Contract amendment is executed.
Budget Procedures. A. On or before October 1 of each year during the term of this Agreement, the EOHWC shall submit to NYCDEP a copy of the plan update it submits to NYSDEC on or before October 1 identifying the retrofit projects it plans to accomplish in the following calendar year.
B. The EOHWC will distribute to NYCDEP at the same time it distributes to its Board of Directors or committee members, all correspondence, meeting notices and materials for Board of Directors meetings, including, without limitation, proposed budgets and budget modifications, as well as materials distributed to the Board of Directors in anticipation of discussions held during Executive Sessions, and any materials distributed to Committee members in anticipation of committee meetings or planned discussions. The EOHWC will prepare a budget not less than annually.
Budget Procedures. A. Reclamation will make best efforts to incorporate the District’s Project budget requests in Reclamation’s annual budget.
B. By July 31 of each year, the District shall submit to the Western Colorado Area Office Area Manager, in a form prescribed by Reclamation, a proposed budget for 3 years in advance incorporating the Federal fiscal year (October through September).
C. Following the annual submittal of the District’s proposed Project budget to Reclamation and prior to the annual submittal of the Department of the Interior’s proposed budget to the Office of Management and Budget, Reclamation shall consult with the District concerning the District’s proposed Project budget.
