Common use of Budget Submission Clause in Contracts

Budget Submission. a. At least four (4) months prior to the end of each Fiscal Year, the Provider will submit to BC Housing for approval their proposed budget for the upcoming Fiscal Year, in a format approved by BC Housing. The budget will be presented in a combined format but must clearly and separately identify which expenses are to be allocated toward each of the following: i. Operating Budget; and

Budget Submission. a. At least four (4) months prior to the end of each Fiscal Year, the Provider will submit to BC Housing for approval their proposed budget for the upcoming Fiscal Year, in a format approved by BC Housing. . b. The Provider’s annual budget submission will be presented in a combined format but must clearly show the anticipated gross rentals and separately identify which expenses are to be allocated toward each other Residential Revenues for the Development together with all anticipated operating expenses, including utilities, supplies, insurance, wages and administrative fees, replacement of the following: i. Operating Budget; andcapital items, and maintenance and repair costs.

Budget Submission. a. At least four (4) months prior to the end of each Fiscal Year, the Provider will submit to BC Housing for approval their proposed budget for the upcoming Fiscal Year, in a format approved by BC Housing. . b. The Provider’s annual budget submission will be presented show all anticipated operating expenses, including utilities, supplies, insurance, wages and administrative fees. c. The Provider will also submit, at the same time as the proposed budget, a staffing schedule for the subsequent Fiscal Year in a combined format but must clearly and separately identify which expenses are approved by BC Housing from time to be allocated toward each of the following: i. Operating Budget; andtime.