Common use of Final Operations and Maintenance Budget Clause in Contracts

Final Operations and Maintenance Budget. The operations and maintenance budget adopted by the District for the upcoming year, to be submitted to the Town on an annual basis, including all proposed expenditures and revenue sources for the payment of all expenditures to operate and maintain the Public Improvements to the Maintenance Standard. The Final Operations and Maintenance Budget will also include the budgeted and actual revenues and expenditures from the previous year and the budgeted and estimated year end revenues and expenditures for the current year.

Final Operations and Maintenance Budget. The operations and maintenance budget adopted by the District for the upcoming year, to be submitted to the Town on an annual basis, including all proposed expenditures and revenue sources for the payment of all expenditures to operate and maintain the Public Improvements to the Maintenance Standard. The shall adopt a Final Operations and Maintenance Budget will also include as a part of its annual budget process, that includes the budgeted Draft Operations and actual revenues Maintenance Budget for that fiscal year, with amendments required to address the concerns and expenditures comments received from the previous year Town to the Town’s satisfaction, and will appropriate the budgeted and estimated year end revenues and expenditures funds for expenditure as set forth in the current yearFinal Operations Maintenance Budget.