Financial Management and Accountability Sample Clauses

Financial Management and Accountability. Over the last several fiscal years the City of Xxxxxx Valley has seen a reduction of $29.8 million in General Fund revenue. As public safety is funded out of the City’s General Fund, staffing reductions have been made to both the Police Department and Fire Department by City Council. As the economy slowly begins to recover in Xxxxxx Valley it is critical that the Fire Department continues to provide the best possible service to the community while maintaining a fiscally conservative mindset.
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Financial Management and Accountability. Implementing effective financial management systems, including monthly audit mechanisms and tracking systems, is imperative to prevent corruption and promote responsible fund utilization. Lessons from other countries and the local case studies in Lofa county underscore the importance of vigilance, transparency, and accountability in financial operations.
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Financial Management and Accountability 
Sample 1

Related to Financial Management and Accountability

  • Financial Accountability 6.1 The Recipient must ensure that the requirements set out in this Agreement, and in any clarification or guidance issued from time to time by the Authority, are complied with. In particular the Recipient shall:

  • LIABILITY AND ACCOUNTABILITY The Provider, if a non-profit entity, will provide continuous and adequate director, officer, and employee liability insurance coverage against any personal liability or accountability by reason of actions taken while acting within the scope of their authority during the existence of this Agreement and any renewal and extension thereof. Such coverage may be provided by a self-insurance program established and operating under the laws of the state of Florida.

  • Fiscal Accountability A. SUBRECIPIENT shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. SUBRECIPIENT’s system shall provide fiscal control and accounting procedures that will include the following:

  • Service Accountability Agreements The HSP acknowledges that if the LHIN and the HSP enter into negotiations for a subsequent service accountability agreement, subsequent funding may be interrupted if the next service accountability agreement is not executed on or before the expiration date of this Agreement.

  • A Service Accountability Agreement This Agreement is a service accountability agreement for the purposes of section 20(1) of LHSIA.

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following:

  • Financial Management (a) The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.09 of the Standard Conditions.

  • Financial Management Standards The financial management systems of Grantee must meet the following standards:

  • FINANCIAL MANAGEMENT AND OVERSIGHT Measure 2a Is the school meeting financial reporting and compliance requirements?

  • Fiscal Management Grantee must have accounting and internal control systems to ensure proper management of federal and state funds, maximize non-federal resources, and maintain solvency. Xxxxxxx’s accounting and internal control systems must meet the following requirements:

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