Fiscal Year Budgets Clause Samples

Fiscal Year Budgets. For each fiscal year the Board of Directors of CBMWD shall cause to be prepared and shall adopt a Regional Sewerage System budget.
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Fiscal Year Budgets. The fiscal year for the Facility shall -------------------- be June l through May 31. At least forty-five (45) days prior to the start of each fiscal year, Manager shall prepare and submit to Owner for its review and approval, which approval shall not be unreasonably withheld or delayed, an annual operating budget and an annual capital expenditure budget for the following year (collectively, the "Budgets"). In addition, Manager shall concurrently prepare and submit to Owner for its review and approval, which approval shall not be unreasonably withheld or delayed, budget projections for the two years following such annual Budgets. Representatives of Owner and Manager shall meet promptly thereafter to resolve any disagreements concerning such Budgets and projections. Thereafter, Manager shall be entitled to make or to commit Owner to make expenditures which are reflected in the Budgets or which are not expected to result in total "routine" expenses accrued during the then current fiscal year exceeding the budgeted amount therefor by 5% or more (the "Budget Threshold"). Except for emergency repairs referred to in Section 2H. hereof, any unbudgeted expenditures and/or expenditures in excess of the Budget Threshold shall be subject to Owner's approval, which approval shall not be unreasonably withheld or delayed. Notwithstanding the foregoing, Manager shall have the right to propose reasonable adjustments to the budget applicable to the fiscal year ending May 31, 1990, which adjustments Owner may in its reasonable discretion implement to the extent feasible.
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Related to Fiscal Year Budgets

  • 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.

  • 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.

  • Budget 1. The Grantee budget for grant activities for the 2023 Summer Program and State fiscal year 2024 is $ 1,000,267. Any funds received under this grant will not be used to supplant funds normally budgeted for programs or service of the same or similar type. 2. The Grantee may transfer funds among its administrative budget line items as required to carry out the purposes of the grant. Transfer of funds within specified budget categories do not require approval from OSHE (i.e. moving funds from one counselor position to pay for another), however, any transfer of funds from one category to another will require prior approval from OSHE and will be treated as a modification to the program’s contract Attachment. 3. Any request for a budget modification must be in writing and must include a revised budget. All budget revisions and modifications must be in accordance with the EOF Regulations, Section N.J.A.C. 9A:11-6.11. The Grantee will be liable for all unapproved debts.

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