Common use of EXCESS AND DEFICIENCY FUND Clause in Contracts

EXCESS AND DEFICIENCY FUND. The District will maintain a so-called “Excess and Deficiency Fund” which shall be administered consistent with directives from the Department of Revenue and with the terms of M.G.L. c. 71, § 16B½.

Appears in 6 contracts

Samples: Nashoba Regional School District Agreement, Nashoba Regional School District Agreement, Nashoba Regional School District Agreement

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EXCESS AND DEFICIENCY FUND. The District will maintain a so-called “Excess and Deficiency Fund” which shall be administered consistent with directives from the Department of Revenue and consistent with the terms of M.G.L. c. MGL Chapter 71, § 16B½.Section 16B-1/2.

Appears in 3 contracts

Samples: K – 12 Quabbin Regional School District Agreement, Regional Agreement, K 12 School District Agreement

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EXCESS AND DEFICIENCY FUND. The District will maintain a so-called “Excess and Deficiency Fund” which shall be administered consistent with directives from the Department of Revenue and with the terms of M.G.L. c. 71, § 16B½.16B½. Amendment Procedures and Changes in District Membership

Appears in 1 contract

Samples: Regional School District Agreement

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