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. 23.1.2 No later than December 1, 2022, and December 1 of each subsequent fiscal year, PISOTA shall prepare and provide to CCPS a projected budget for the upcoming fiscal year by categories identified by CCPS and as required by law. No later than June 1, 2023, and June 1 of each subsequent fiscal year, PISOTA shall provide to CCPS the operating budget by identified categories for the fiscal year that has been approved by the PISOTA Governing Board. No later than the first day of each quarter subsequent to the opening of the Charter School for student attendance (October 1, January 1, April 1, and July 1), PISOTA shall provide an updated budget to CCPS by categories. PISOTA may change its projected spending within the categories, but at no time may PISOTA exceed the total spending in any category without prior approval by CCPS.
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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. 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 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
Sample 1
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. 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 End Change, or permit any Subsidiary of any Borrower to change, its fiscal year end.

  • 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 Prior to the Closing Date, Borrower has submitted and Lender has approved an Annual Budget for the 2014 calendar year (the “Approved Initial Budget”). Borrower shall submit to Lender by November 1 of each year the Annual Budget relating to the Properties for the succeeding calendar year. During the continuance of a Cash Sweep Period, Lender shall have the right to approve each Annual Budget (which approval shall not be unreasonably, conditioned or delayed withheld so long as no Event of Default is continuing). An Annual Budget approved by Lender during a Cash Sweep Period or any Annual Budget submitted prior to the commencement of a Cash Sweep Period, shall each hereinafter be referred to as an “Approved Annual Budget”. In the event of a Transfer of any Property the Approved Annual Budget shall be reduced as reasonably determined by Lender in consultation with Borrower in order to reflect the removal of such Property and the Operating Expenses associated therewith; provided, further, that no such reduction shall be made in the event such Transfer is made in connection with a substitution under Section 2.4.2(a). If Lender has the right to approve an Annual Budget pursuant to this Section 4.3.2, neither Borrower nor Manager shall change or modify the Annual Budget that has been approved by Lender without the prior written consent of Lender (which consent shall not be unreasonably withheld, conditioned or delayed so long as no Event of Default is continuing). The “Monthly Budgeted Amount” for each Payment Date shall mean the monthly amount set forth in the Approved Annual Budget for Operating Expenses for the Interest Period related to such Payment Date, but excluding management fees, Property Taxes that are required to be deposited into the Tax Subaccount pursuant to Section 6.1 and Insurance Premiums that are required to be deposited into the Insurance Subaccount pursuant to Section 6.2. If during any Cash Sweep Period, Borrower has submitted an Annual Budget and such Annual Budget has not been approved prior to the commencement of the calendar year to which such budget relates then the previous Approved Annual Budget shall continue to be deemed to be the Approved Annual Budget for that calendar year.

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • Annual Operating Budget Manager shall, on or before December 20 in each calendar year during the Term, deliver to Owner for Owner’s approval, an annual operating budget for the Community for the next calendar year (the “Annual Operating Budget”) which shall include separate line items for Capital Replacements and set forth an estimate, on a monthly basis, of Gross Revenues and Community Expenses, together with an explanation of anticipated changes to Tenants charges, payroll rates and positions, non-wage cost increases, the proposed methodology and formula employed by Manager in allocating shared Community Expenses, and all other factors differing from the then current calendar year. The Annual Operating Budget shall be accompanied by a narrative description of operating objectives and assumptions. If Owner does not approve an Annual Operating Budget or any portion thereof, it shall do so, to the extent practicable, on a line item basis. Manager and Owner shall cooperate to resolve disputed items, provided if the Annual Operating Budget is not approved by Owner within thirty (30) days of Owner’s receipt, Manager shall operate under the expired Annual Operating Budget until a new Annual Operating Budget is approved, provided that line items for Impositions, insurance premiums and utilities shall be the amounts actually incurred for such items. If agreement on the Annual Operating Budget cannot be reached within forty-five (45) days of Owner’s receipt (which time may be extended upon mutual agreement of the parties), the matter shall be resolved by arbitration. The Annual Operating Budget as approved by Owner, or as resolved by arbitration, will be the “Approved Budget” for the applicable calendar year. Manager will obtain Owner’s prior approval for any expenditure which will, or is reasonably expected to, result in a variance of 5% or more of any Approved Budget.

  • 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.

  • Variances From Operating Budget Furnish Agent, concurrently with the delivery of the financial statements referred to in Section 9.7 and each monthly report, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.

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