Budgets and expenditure Sample Clauses

Budgets and expenditure. The total budget for this ISA was 1,399,432 USD for the period FY1999 to FY2003. FFP provided approximately 71% of these funds and FHI the remainder. The FHI ISA financial data is audited according to A-133 regulations. To date, program expenditure closely matched annual budgets, with approximately 25% of the total budget remaining for FY2003. The Graph below shows the program’s expenditure on the various budget categories during the past four years. In order to achieve their outputs, the FHI ISA spent nearly 50% of its budget on personnel and 16% respectively on travel and procurement (procurement includes the cost of consultants such as MCHN TA and mid-term evaluation). Other less significant expenditures included: indirect costs, training, communication and supplies. Graph 1: Categorization of program expenditures FY1999-FY2002 Indirect costs 9% Procurement 16% Personnel 45% Training 8% Communicat. & supplies 6% Travel 16% Expenditure on personnel showed a 23% increase during the four-year period under review. This probably reflects FHI’s efforts to bring their salaries closer to industry standards. Expenditure on travel varied significantly, but followed activity patterns closely (especially the presentation of workshops). Actual training costs were kept relatively low, partly because of contributions made by the Title II fields. In instances where workshops for various countries were presented in one place, fields had to contribute towards flight costs and in some cases accommodation. Even though it did not appear as if the expenditures in themselves were a problem, one field did mention that they do not get sufficient warning to include additional expenditures related to the ISA into their budgets. This problem could be avoided if annual training plans were developed and agreed upon with fields prior to the start of FHI’s annual budget process in July. Given that ISA fiscal year beginning in September, this should be possible.
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Budgets and expenditure. 45 11.1. DEVELOPMENT OF ANNUAL BUDGET PROPOSALS 45 11.2. PAYMENTS FROM THE WORIMI ACCOUNTS 45 11.3. EXPENDITURE OF MONEY PRIOR TO THE APPOINTMENT OF THE BOARD 46 11.4. USE OF FUNDS IN THE ACCOUNT 46 11.5. EMPLOYMENT OF ADDITIONAL OEH STAFF FROM THE ACCOUNT 46 11.6. EXTERNAL GRANTS 47 12. ESTABLISHMENT & ROLE OF BOARD 48
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Budgets and expenditure 
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Related to Budgets and expenditure

  • Capital Expenditure Make or incur any Capital Expenditure if, after giving effect thereto, the aggregate amount of all Capital Expenditures by Borrower in any fiscal year would exceed the amount set forth on the Schedule;

  • Expenditures The Assuming Institution will pay such bills and invoices on behalf of the Receiver and the Corporation as the Receiver or the Corporation may direct for the period beginning on the date of the Bank Closing Date and ending on Settlement Date. The Assuming Institution shall submit its requests for reimbursement of such expenditures pursuant to Article VIII of this Agreement.

  • Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).

  • Expenditure No Borrower shall incur any expenditure, except for expenditure reasonably incurred in the ordinary course of owning, operating, maintaining and repairing its Ship.

  • Budgets Borrower shall have delivered, and Lender shall have approved, the Annual Budget for the current Fiscal Year.

  • Budget The System Agency allocated share by State Fiscal Year is as follows:

  • AUTHORIZED EXPENDITURES Only expenditures which are detailed in the approved budget of the grant application, a revised budget, or an amended budget approved by the OAG are eligible for reimbursement with grant funds. Any requested modification to the budget must be submitted by the Provider in writing to the OAG and will require prior approval by the OAG. Budget modification approval is at the sole discretion of the OAG. Any grant funds reimbursed under this Agreement must be used in accordance with the rules implementing the provisions of VOCA, 34 U.S.C. § 20103, Crime Control and Law Enforcement, 28 C.F.R. §§94.101 through 94.122, the federal government-wide grant rules as set forth in the 2 C.F.R. § 200, and the U.S. Department of Justice, (DOJ), Office of Justice Programs, DOJ Grants Financial Guide, (Financial Guide), and any other regulations or guidelines currently or subsequently required by the U.S. Department of Justice and state or federal laws. Expenditures for the acquisition and maintenance of telephones and equipment will be proportional to the percentage of VOCA grant funded staff who utilize the telephones and equipment, as contemplated by this Agreement. Grant funds cannot be used as a revenue generating source and crime victims cannot be charged either directly or indirectly for services reimbursed with grant funds. Third party payers such as insurance companies, victim compensation, Medicare or Medicaid may not be billed for services provided by grant funded personnel to clients. Grant funds must be used to provide services to all crime victims, regardless of their financial resources or availability of insurance or third-party reimbursements. Travel expenses will be reimbursed with grant funds only in accordance with section 112.061, Florida Statutes. Expenditures of state financial assistance must be in compliance with all laws, rules and regulations applicable to expenditures of state funds, including, but not limited to, the Florida Reference Guide for State Expenditures. Only allowable costs resulting from obligations incurred during the term of this Agreement are eligible for reimbursement, and any balances of unobligated cash that have been advanced or paid that are not authorized to be retained for direct program costs in a subsequent period must be refunded to the OAG. Any funds paid in excess of the amount to which the Provider is entitled under the terms of this Agreement must be refunded to the OAG. The Provider will reimburse the OAG for all unauthorized expenditures and the Provider will not use grant funds for any expenditures made by the Provider prior to the execution of this Agreement or after the termination date of this Agreement. If the Provider is a unit of local or state government, the Provider must follow the written purchasing procedures of that governmental agency or unit. If the Provider is a non-profit organization, the Provider will obtain a minimum of three written quotes for all single item grant-related purchases equal to or in excess of $2,500 unless it is documented that the vendor is a sole source supplier. The Provider will use the lowest quote for the purchase.

  • Excluded Expenditures The Recipient undertakes that the proceeds of the Financing shall not be used to finance Excluded Expenditures. If the Association determines at any time that an amount of the Financing was used to make a payment for an Excluded Expenditure, the Recipient shall, promptly upon notice from the Association, refund an amount equal to the amount of such payment to the Association. Amounts refunded to the Association upon such request shall be cancelled.

  • Expenditure Limit The Contractor shall notify the County of Orange assigned Deputy Purchasing Agent in writing when the expenditures against the Contract reach 75 percent of the dollar limit on the Contract. The County will not be responsible for any expenditure overruns and will not pay for work exceeding the dollar limit on the Contract unless a change order to cover those costs has been issued.

  • Business Plan The Lenders shall have received a satisfactory detailed business plan of the Borrowers for fiscal years 1996 - 2002 and a satisfactory written analysis of the business and prospects of the Borrowers for the period from the Closing Date through the final maturity of the Term Loans.

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