Budget Timeline Sample Clauses

Budget Timeline. MATC and JCP shall prepare and present to the City Department of City Development (“DCD”), for approval by the DCD Commissioner or his designee (herein also called “DCD”) on behalf of City and RACM: (1) a proposed rehab plan for the First House, including: party responsible for the work; whether 3rd party contractors are anticipated to be needed to carry out any part of the work or rehab plan; interior, systems, and exterior work; and where applicable, landscaping work, solar work, and storm water management work. (2) a proposed budget to carry out the rehab plan, including proposed sources and uses of funds, and a proposed percentage distribution to the following of any “profit” (defined below) realized upon JCP sale of the First House after rehab: (a) a percentage of profit to JCP (b) a percentage of profit to MATC (c) a percentage of profit to RACM (d) a percentage of profit to reinvestment in a RACM-controlled reserve fund for possible repeat of this program on a different house. The proposed budget may call for philanthropic contributions. The RACM Board, in approving RACM entry into this Contract approved RACM acceptance of donated contributions, if any, to RACM for the budget for use under, and in accordance with, this Contract (see, also MCO 304-24). JCP, LLC, and MATC may accept donated contributions on their own. As part of the City Common Council approval of this Contract, the City agreed to convey the First House to LLC for $1, and as part of the RACM approval of this Contract, RACM agreed to contribute $25,000 toward Approved Budget expense, which RACM contribution shall be paid by RACM to JCP upon JCP request for reimbursement, or payment, of Approved Budget expense items. Any JCP request for payment shall be accompanied by paid receipts/invoices (in the case of reimbursement) and unpaid bills/invoices (in the case of advance payment requests) along with reference to the Approved Budget expense at issue. (3) a proposed timeline to complete the rehab plan. DCD shall review the proposed rehab plan, budget and timeline with MATC, LLC and JCP. When DCD, MATC, LLC and JCP agree on a rehab plan, budget and timeline, those agreed-upon items shall be called, respectively, the Approved Rehab Plan, Approved Budget and Approved Timeline, and the City shall close on its $1 sale of the First House to LLC, and the parties shall cooperate in rehabbing the First House in accordance with them (or with any mutually agreed upon revisions to them).
Sample 1
AutoNDA by SimpleDocs
Budget Timeline. Timeline: January to December Process: 2020 Operational Budget – Expenditures
Sample 1
Budget Timeline. NESCOE would coordinate its budget process with the budget cycle that ISO-NE currently uses for its annual administrative expenses recovery filing with the Commission. The schedule below is a rough approximation of this timeline. June Draft budget prepared for the coming calendar year August Draft budget presented to NESCOE Board for review & analysis September Proposed budget presented to ISO-NE and NEPOOL Budget & Finance Subcommittee for review, input, and recommendations October (begin) Presentation of proposed budget to NEPOOL Participants Committee for review, input, and advisory vote. October (mid) Proposed budget to NESCOE Board for approval No later than October 20 Filing to be prepared by NESCOE and submitted to ISO-NE; ISO-NE will use its best efforts to file any late submissions by November 1. November 1 Adopted budget filed by ISO-NE in a stand-alone filing with the Commission.
Sample 1

Related to Budget Timeline

  • 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.

  • Project Timeline The Project Timeline establishes a start and end date for each Phase of the Project. Developed during the Initiate & Plan Stage and revised as mutually agreed to, if needed, the timeline accounts for resource availability, business goals, size and complexity of the Project, and task duration requirements.

  • Timeline Contractor must perform the Services and deliver the Deliverables according to the following timeline:

  • 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

  • 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.

  • 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.

  • 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:

  • 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.

  • Timelines a) Timelines may be extended by mutual consent of the parties. b) Working days shall be defined as Monday through Friday excluding statutory holidays. c) Disputes that arise during non-instructional days (Summer Months, Christmas Break, and March Break) will have timelines automatically extended. d) Local grievance timelines will be held in abeyance while the dispute is in the CDRP, in the event that the matter is referred back locally.

  • Cash Basis and Budget Laws The right of the City to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and all other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that the City shall at all times stay in conformity with such laws, and as a condition of this Agreement the City reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!