Fiscal Year Budget Sample Clauses

Fiscal Year Budget. 23.1.1 The fiscal year for the Charter School will start on July 1 of each year and end on June 30 of the next year.
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Fiscal Year Budget. The Authority shall provide the Parties a Budget for each Fiscal Year of the Authority on or before the annual deadline required by the Bylaws. Notwithstanding any requirement within the Bylaws, each Budget shall account for funds required for all reasonably expected Permitted Activities to be conducted by the Authority during the applicable Fiscal Year, including, without limitation, (i) payment of debt service for all Indebtedness and Party Indebtedness then outstanding and for which principal, premium, interest, and fees shall become payable during such Fiscal Year; and (ii) costs payable with respect to all Business Parks during such Fiscal Year. Each Party shall reasonably cooperate with the Authority to provide a reasonable estimate of such Taxes and Fees for any such Budget. The Parties may make such Appropriations as permitted by the Bylaws.
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Fiscal Year Budget. On November 1st of each year, Contractor shall submit to the City an Operations Budget for the period beginning with the City’s fiscal year of July 1st through June 30th. The Operations Budget shall include separate budgets for the Garages and the Lots. The line items in the Operating Budget shall include, but not be limited to, the fixed management fee expense, and the direct operating cost expenses listed in Section 5, paragraph A.2 and B.2, DIRECT COST REIMBURSEMENT, in this Agreement. Contractor shall operate the Garages and Lots in accordance with the Operating Budget approved by the City. Contractor shall not expend in excess of the Operations Budget without prior written approval of the City.
Sample 1
Fiscal Year Budget. Revenues: Less than County Wide Fire Tax 2007-2008 (projected) $ 1,236,854 Stanislaus County General Fund contribution $ 300,000 Fire Prevention revenues projected $ 125,000 MDC reimbursements $ 16,000 Total Revenues $1,677,854 Expenses: Administration / Finance $ 146,840 Fire Communications $ 135,696 Fire Investigations $ 488,328 Fire Prevention $ 546,000 Fire Special Operations $ 147,475 Fire Training $ 161,976 Total Contract Costs 2ndt year $ 1,626,315 Other Expenses: County Counsel $ 9,620 County Property Tax Administration $ 20,000 Other County Fees $ 1,015 Fleet services $ 5,744 MDC Program costs $ 16,000 Total Expenses $1,678,694 FIRE AUTHORITY GOALS:
Sample 1
Fiscal Year Budget. The Commission shall prepare an annual accounting of all of its operations and activities on a calendar year basis beginning on January 1 of each year. On or before October 1 of each year the Commission shall prepare a budget, which budget shall include in detail the costs and expenses expected to be incurred by the Commission in the performance of its duties for the succeeding calendar year. Such budget shall include the amount of funds which the Commission expects to receive from sources other than the Participants. Any remaining funds which the Commission budgets as necessary or desirable for the performance of its duties shall be reflected as cash contributions to be received from the Participants in accordance with Paragraph 6 hereof. Such budget shall not include any expenditure for any item designated as an in-kind contribution pursuant to Paragraph 5 hereof. Any excess funds remaining after conclusion of a calendar year shall be applied to the fund balance of the Commission.
Sample 1
Fiscal Year Budget. The fiscal year of the Agency shall be from July 1 to and including the following June 30, except for the first fiscal year which shall be the period from the effective date of this Agreement to the following June 30. The Agency shall prepare and adopt on an annual fiscal year basis operating and capital budgets. The Agency shall be funded by equal contributions of its members and public and private grant funding. The Agency may apply for, receive, and utilize State, local and federal funding and funds as well as private sources to assist in the development and implementation of the purposes of this Agreement.
Sample 1

Related to Fiscal Year Budget

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Budget Consulting Engineer/Architect shall advise City if, in its opinion, the amount budgeted for construction is not sufficient to adequately design and construct the improvement as requested.

  • Annual Budget Borrowers' Designee (on behalf of Borrowers) shall prepare and submit (or shall cause Manager to prepare and submit) to Lender within 30 days after a Cash Trap Period and by December 15th of each year thereafter during the Term until such Cash Trap Period has ended, for approval by Lender, which approval shall not be unreasonably withheld or delayed, a proposed pro forma budget for the Property for the succeeding calendar year (the "ANNUAL BUDGET", and each Annual Budget approved by Lender is referred to herein as the "APPROVED ANNUAL BUDGET")), and, promptly after preparation thereof, any revisions to such Annual Budget. The Annual Budget shall consist of (i) an operating expense budget showing, on a month-by-month basis, in reasonable detail, each line item of Borrowers' anticipated operating income and operating expenses (on a cash and accrual basis), including amounts required to establish, maintain and/or increase any monthly payments required hereunder (and once such Annual Budget has been approved by Lender, such operating expense budget shall be referred to herein as the "APPROVED OPERATING BUDGET"), and (ii) a Capital Expense budget showing, on a month-by-month basis, in reasonable detail, each line item of anticipated Capital Expenses (and once such Annual Budget has been approved by Lender, such Capital Expense budget shall be referred to herein as the "APPROVED CAPITAL BUDGET"). Until such time that any Annual Budget has been approved by Lender, the prior Approved Annual Budget shall apply for all purposes hereunder (with such adjustments as reasonably determined by Lender (including increases for any non-discretionary expenses)).

  • Annual Budgets The School shall adopt a budget for each fiscal year, prior to the beginning of the fiscal year. The budget shall be in the Idaho Financial Accounting Reporting Management Systems (IFARMS) format and any other format as may be reasonably requested by the Authorizer.

  • Operating Budget (a) No less than forty-five (45) days prior to the Substantial Completion of each train of the Project, and no less than forty-five (45) days prior to the beginning of each calendar year thereafter, the Borrower shall prepare a proposed operating plan and a budget setting forth in reasonable detail the projected requirements for Operation and Maintenance Expenses for the Borrower and the Project for the ensuing calendar year (or, in the case of the initial Operating Budget, the remaining portion thereof) and provide the Independent Engineer, the Common Security Trustee, and the Senior Facility Agent with a copy of such operating plan and budget (the “Operating Budget”). Each Operating Budget shall be prepared in accordance with a form approved by the Independent Engineer, shall set forth all material assumptions used in the preparation of such Operating Budget, and shall become effective upon approval of the Senior Facility Agent, acting reasonably and in consultation with the Independent Engineer; provided, that if the Senior Facility Agent shall not have approved or disapproved the Operating Budget within thirty (30) days after receipt thereof, such Operating Budget shall be deemed to have been approved; and provided, further that the Senior Facility Agent shall have neither the right nor the obligation to approve costs for Gas purchase contracts for the Project contained in the Operating Budget. If the Borrower does not have an effective annual Operating Budget before the beginning of any calendar year, until such proposed Operating Budget is approved, the Operating Budget most recently in effect shall continue to apply; provided, that (A) any items of the proposed Operating Budget that have been approved shall be given effect in substitution of the corresponding items in the Operating Budget most recently in effect, (B) costs for Gas purchase contracts for the Project shall be as provided by the Borrower and (C) all other items shall be increased by the lesser of (x) two and one-half percent (2.5%) and (y) the increase proposed by the Borrower for such item in such proposed Operating Budget.

  • Approved Budget (a) Subject to subsection (b) and subsection (c) below, none of the Credit Parties shall pay any obligations or expenses (including, without limitation, bonus payments or other compensation to senior management personnel, but excluding legal fees and expenses) except to the extent expressly contemplated and permitted in the Current Period of the Approved Budget applicable at the time of such payment. On or before the Wednesday prior to the first Monday of each Fiscal Month of the Borrower, commencing with the Wednesday prior to the first Monday of October 2010, the Borrower shall deliver an updated budget (for the period of 13 weeks commencing with the first day of such Fiscal Month) (each, a “Proposed Budget”) to Agent. Each such Proposed Budget shall be accompanied by a variance report setting forth actual cash receipts and disbursements from the Petition Date through the last day of the preceding month and all variances, on an aggregate basis and, with respect to Specified Budget Line Items, on a line-item basis, for such period from the amounts set forth for the corresponding period in the preceding Approved Budgets (including explanations for each such material variance), certified by the Chief Restructuring Officer as being prepared in good faith and fairly presenting in all material respects the information set forth therein. Each Proposed Budget provided to Agent shall be of no force and effect unless and until it is approved in writing by the Requisite Lenders, and until such approval is given the prior Approved Budget shall remain in effect and no Credit Party may pay any obligations or expenses (excluding legal fees and expenses) other than as permitted (subject to subsection (b) below) in the Current Period of such prior Approved Budget. The Requisite Lenders shall approve or reject each Proposed Budget within four Business Days after delivery by the Borrower to Agent as set forth above, provided that any failure to approve a Proposed Budget shall constitute a rejection of such Proposed Budget. Any such Proposed Budget, upon the written approval of the Requisite Lenders shall become, as of the date of such approval and for the period of time covered thereby, the Approved Budget, and shall prospectively replace any prior Approved Budget.

  • February Budget Forecast GDP for the upcoming calendar year;

  • Annual Work Plan and Budget 1. The Recipient shall, not later than November 30th of each year, prepare and furnish to the Association an annual work plan and budget (“Annual Work Plan and Budget”) for the Project for the subsequent year, said Annual Work Plan and Budget of such scope and detail as the Association shall have reasonably requested.

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