Common use of District Budget Clause in Contracts

District Budget. In accordance with M.G.L. c. 71, § 16B and regulations promulgated by the Department of Elementary and Secondary Education, and giving due consideration to the financial constraints imposed upon the member towns by M.G.L. c. 59, § 21C (“Proposition 2½”), the Committee shall annually prepare and adopt a District budget. Consistent with M.G.L. c. 71, § 38N, the Committee shall hold a public hearing and adopt by a 2/3rds vote its proposed annual budget by March 15 for the upcoming fiscal year. Prior to the public hearing on the proposed budget, the Committee shall convene a financial roundtable with representatives from the District and representatives designated by the member towns for the purpose of sharing financial circumstances and the proposed annual budget. The apportionment of costs appearing in the budget will be calculated consistent with Section VII of this Agreement. The District’s budget shall be voted at the member towns’ annual town meetings. An affirmative vote of two of the three member towns is required to pass the District’s budget.

District Budget. In accordance with M.G.L. c. 71, § 16B and regulations promulgated by the Department of Elementary and Secondary Education, and giving due consideration to the financial constraints imposed upon the member towns by M.G.L. c. 59, § 21C (“Proposition 2½”), the Committee shall annually prepare and adopt a District budget. Consistent The Committee will hold a public hearing on its budget, consistent with M.G.L. c. 71, § 38N, the Committee shall hold a public hearing and adopt by a 2/3rds vote its proposed annual budget by on or before March 15 for the next fiscal year. upcoming fiscal year. Prior At least two weeks prior to the that public hearing on the proposed budgethearing, the Town Administrator and Chair of the Finance/Advisory Committee shall convene a financial roundtable with representatives from the District and representatives designated by for each of the member towns for may request detailed budgetary information, including all budget documents, spreadsheets, and backup materials used to support the purpose District’s budget request. Such information will be shared with all three member towns, regardless of sharing financial circumstances and the proposed annual budgetsource of the request. The apportionment of costs appearing in the budget will be calculated consistent with Section VII VI of this Agreement. The District’s budget shall be voted at the member towns’ annual town meetings. An affirmative vote of two of the three member towns is required to pass the District’s budget.

District Budget. In accordance with M.G.L. c. 71, § 16B and regulations promulgated by the Department of Elementary and Secondary Education, and giving due consideration to the financial constraints imposed upon the member towns by M.G.L. c. 59, § 21C (“Proposition 2½”), the Committee shall annually prepare and adopt a District budget. Consistent with M.G.L. c. 71, § 38N, the Committee shall hold a public hearing and adopt by a 2/3rds vote its proposed annual budget by March 15 for the upcoming fiscal year. Prior to the public hearing on the proposed budget, the Committee shall convene a financial roundtable with representatives from the District and representatives designated by the member towns for the purpose of sharing financial circumstances and the proposed annual budget. The apportionment of costs appearing in the budget will be calculated consistent with Section VII of this Agreement. The District’s budget shall be voted at the member towns’ annual town meetings. An affirmative vote of two of the three member towns is required to pass the District’s budget.

District Budget. In accordance with M.G.L. c. 71, § 16B and regulations promulgated by the Department of Elementary and Secondary Education, and giving due consideration to the financial constraints imposed upon the member towns by M.G.L. c. 59, § 21C (“Proposition 2½”), the Committee shall annually prepare and adopt a District budget. Consistent with M.G.L. c. 71, § 38N, the Committee shall hold a public hearing and adopt by a 2/3rds vote its proposed annual budget by March 15 for the upcoming fiscal year. Prior to the public hearing on the proposed budget, the Committee shall convene a financial roundtable with representatives from the District and representatives designated by the member towns for the purpose of sharing financial circumstances and the proposed annual budget. The apportionment of costs appearing in the budget will be calculated consistent with Section VII of this Agreement. The District’s budget shall be voted at the member towns’ annual town meetings. An affirmative vote of two of the three member towns is required to pass the District’s budget.budget.[GM(9][LCM(10][LV11]