Fiscal Agency Sample Clauses

Fiscal Agency. The DMA shall be the fiscal agency for the Academy. The School Board shall be the fiscal agent for all revenues generated through FEFP, grants, etc., which are received for the purpose of operation the Academy’s educational component.

Fiscal Agency. The Agency shall be the Fiscal Agency for the Authority. Cost for the Agency’s services for the EJPA shall be incorporated in each Project‌ Agreement and include remuneration for all costs of operation of the Authority including, but not limited to, the employment of personnel, contracted services, operational expenses, audit expense, supervision, data processing services, and other related expenses. All Agency costs shall be provided for in the adopted or revised budget. The Agency shall contract, with mutual agreement of the Executive Committee, with a Certified Public Accountant for an annual audit of the accounts, records, and financial affairs of the Authority and deliver such to the Executive Committee and Board of Directors. In each case, the minimum requirements of the audit shall be those prescribed by the State Controller for special districts under Section 26909 of the California Government Code and shall conform to generally accepted auditing standards and accounting principles. When such an audit of accounts and reports is made by a Certified Public Accountant, a report thereof shall be filed as a public record with each of the Members of the Authority and also with the Auditor-Controller of San Diego County. Any costs of the audit, including contracts with, or employment of, Certified Public Accountants in making the audit(s) provided herein, shall be borne by the Authority.

Fiscal Agency. For the purpose of this MOU, the School District will act as the fiscal agent. Any fees incurred by students from the corresponding School District will be billed to the School District as the fiscal agent. The School District may, by policy, elect to recover fees incurred by students and paid to the Alamo Colleges District by the School District as fiscal agent to the extent permitted by Applicable Law. Should the School District fail to meet its payment responsibilities as fiscal agent regarding a student, College shall refuse enrollment of that student for the next Academic Year after determination of payment default.

Fiscal Agency. The City of New Ulm shall be responsible for fiscal management of the task force grant and other resources such as cash contributions, program income (forfeiture proceeds, restitution, and fines) and oversight of confidential funds. The Fiscal Agent shall present The Board of Directors with a report monthly or as otherwise directed by The Board of Directors, setting forth in detail all monies received and paid out on behalf of the Drug Task Force since the last report. At the end of each fiscal year a similar report shall be presented to The Board of Directors showing all receipts and disbursements of the Drug Task Force for the fiscal year ending. The Fiscal Agent shall complete an audit of all financial resources of the ▇▇▇▇▇-▇▇▇▇-Redwood-Renville Drug Task Force at least annually and shall make such reports available to all Parties. All said reports shall be in such form as may be prescribed by The Board of Directors. Buy funds shall be reconciled at least quarterly and reports shall be distributed to the representative of each Party at the Advisory Board meeting. Any Party to this Agreement may request and obtain access to all financial records pertaining to the fiscal management of the Task Force. The Board of Directors may, in its discretion and at any time, request an independent audit of the ▇▇▇▇▇-▇▇▇▇-Redwood-Renville Drug Task Force's finances.

Fiscal Agency. The Board shall elect the Treasurer to serve as the fiscal agent of the Board. The Treasurer shall be responsible for proper fiscal management of the Task Force grants and all other resources. The Treasurer shall ensure compliance with all state and federal accounting and auditing requirements, including those described in Minn. Stat. §§ 16B.98, subd. 8 & 16C.05, subd. 5. and oversight of confidential funds. Any forfeited property and proceeds that stem from the Task Force operations shall be accounted for in writing, identifying each case and location of the property. The Task Force shall adhere to the guidelines of the agency retaining the property and compliance shall be subject to random audit. Further, any law enforcement proceeds of any forfeiture shall return to the Task Force as the law enforcement agency of record. The proceeds of any forfeiture for the prosecutor shall be returned to the prosecution agency that handled the prosecution and forfeiture cases.

Fiscal Agency. The City of New Ulm shall be responsible for fiscal management of the task force grant and other resources such as cash contributions, program income (forfeiture proceeds, restitution and fines) and oversight of confidential funds. The Fiscal Agent shall present the Drug Task Force Advisory Board with a report monthly or as otherwise directed by the Task Force Advisory Board, setting forth in detail all monies received and paid out on behalf of the Drug Task Force since the last report. At the end of each fiscal year a similar report shall be presented to the Drug Task Force Advisory Board showing all receipts and disbursements of the Drug Task Force for the fiscal year ending. The Fiscal Agent shall complete an audit of all financial resources of the ▇▇▇▇▇­ Lyon­Redwood­Renville Drug Task Force at least annually and shall make such reports available to all Parties. All said reports shall be in such form as may be prescribed by the Task Force Advisory Board. Buy funds shall be reconciled at least quarterly and reports shall be distributed to the representative of each Party at the Advisory Board meeting. Any Party to this Agreement may request and obtain access to any and all financial records pertaining to the fiscal management of the Task Force. The Board of Directors may, in its discretion and at any time, request an independent audit of the Brown­Lyon­Redwood­Renville Drug Task Force's finances.

Fiscal Agency. The LSA agrees to serve as a fiscal agent for the AC for any grants or other financial contributions to support the CoLang Institute that are not awarded to and administered by the Director(s).

Fiscal Agency. The following provision shall apply only to any Specification which indicates that Assignor is to act as Assignee’s fiscal agent for purposes of the Lease Schedules listed on Schedule A to the Specification: Extent of Agency. It is the intent and purpose of the parties that Assignor, on behalf of Assignee, shall (a) ▇▇▇▇ for, collect and receive the rentals and other sums payable under each Lease Schedule excluding payments made as a result of a loss or damage to the Equipment and (b) prepare all required tax returns for, and to remit to the appropriate agencies, all sales and use taxes required to be paid in connection with the Lease Schedules, but shall not otherwise exercise any other rights, powers or privileges of the lessor under the Lease Schedules. To the extent that personal property taxes payable with respect to the Lease Schedules and/or the Equipment are received from the Lessee by Assignor, as fiscal agent, such collected taxes will be remitted to Assignee in accordance with the terms of this Agreement. Assignee shall have the obligation to prepare all required tax returns for, and to remit to the appropriate agencies, all personal property taxes required to be paid in connection with the Lease Schedules, and Assignor shall have no responsibility for the performance of such obligations. In the event of an Event of Default under and as defined in the Lease or any Lease Schedule or an event which with the giving of notice or passage of time or both would constitute an Event of Default thereunder (any such event, an "Event of Default") or in the event Assignor breaches any of its obligations hereunder, upon written notice by Assignee to Assignor this fiscal agency shall terminate and Assignee shall have the sole right to exercise any and all remedies available to it in connection with each Lease Schedule or any item of Equipment which is the subject of the Event of Default. If either party has actual knowledge of an Event of Default, it shall promptly notify the other party thereof.