Common use of Budget to Actual Variance Analysis Clause in Contracts

Budget to Actual Variance Analysis. The Budget to Actual Variance Analysis should include thorough explanations for all actual income and expense account balances which vary from the month-to-month budget by 10% or from the year-to-date budget by 5% AND which exceeds the maximum allowable dollar variance amount of $5,000. The variance analysis should be completed according to Owner’s chart of accounts.

Appears in 14 contracts

Samples: Management and Leasing Agreement, Management and Leasing Agreement, Management and Leasing Agreement (CNL Healthcare Trust, Inc.)

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