Funding Levels Sample Clauses

Funding Levels. The Cash Contributions transferred pursuant to Sections 4(B)(1)(c), 4(B)(1)(d), or 4(B)(1)(f) shall be returned if the funding levels of 75 percent, 85 percent, or 95 percent for 75 Habitat-built or Habitat-contracted ADUs within the Project fall below those milestones before at least one certificate of occupancy is issued by the County for a Habitat-built or Habitat-contracted ADU within the Project.

Funding Levels. Allocation: The funding level for a federal fiscal year depends on actions taken at the federal level. Additionally, the allocation is based on a formula and the level may fluctuate based on population and other factors. The estimated funding level for the current fiscal year is based on the history of funding levels. Final grant awards are made when the actual HUD allocation is known. Funding Period: Funding recommendations for applications are generally made late March or early April. In recent years it has been later, as it is dependent on congressional and presidential approval of a federal budget. In 2023, the HUD allocation was received in late- February. Grant agreements between the state and HUD are generally not finalized until August or September.

Funding Levels. The funding levels referred to in this document, are full year funding levels, although this Service Level Agreement only covers a period of six months. These funding levels are considered to be indicative figures only, to represent the level of service to be received by Torbay Council. Additional work will be required in year to precise calculate the value of the service received by Torbay Council, as this has not been previously undertaken.

Funding Levels. There will be various ways of arranging funding for existing operations and building capacity towards Level 1 when agreed locally. Examples are given below: 1 a) Maximum Performance of Core Functions and funded at maximum level b) Operating close to Level 1 a) Fixed core/strategic funding equivalent to the total funding level in Table 1 or b) Core/strategic funding plus some agreed development funding 2 a) Not a full Level 1 but scale is appropriate for local context and delivery of identified core functions or b) Aspiring to Level 1 with a development plan c) Newly established CVS/ VB a) Fixed/strategic funding and b) Development funding for agreed period 3 a) Smaller scale CVS/ VB’s with limited development potential or aspiration or b) Newly established CVS/ VB a) Fixed core/ strategic funding negotiated at local level or b) Agreed development plan with agreed funding according to level of delivery of core functions Notes Current arrangements for Rent Recognition vary for each CVS, and can consist of one or more of the examples on the right. Direct funding for rent (or part funding) Benefit in-kind Additional funding as rent recognition No funding specified as rent

Funding Levels. Funding will be allocated in a transparent and equitable manner and will be approved pursuant to the following established maximum funding levels: i) Incorporated Communities that do not provide sewer and/or water services to their residents and do not receive an allocation under the Agreement, or the Province of ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island where it is endorsing unincorporated areas, may be eligible to receive up to a maximum of 100% of the cost of eligible projects under the Capacity Building Fund; ii) The twenty-six (26) incorporated Communities which provide sewer and/or water services to their residents and who received an allocation under the Agreement will be eligible to receive up to a maximum of 66.67% of the cost of projects under this Fund. In addition, they are permitted to utilize their Gas Tax allocation to fund the remaining costs of the project. This will not be considered to infringe on the “Incrementality” standard. iii) Where projects proposals result in the hiring of either full or part-time personnel, funding for salaries and direct incremental costs associated with the position, will be limited as follows: Year 1 - 90% of salary and 75% of direct costs; Year 2 - 70% of salary and 50% of direct costs; and Year 3 - 40% of salary and 25% of direct costs. Eligible direct costs associated with the hiring of personnel must be directed related to the position and could include such costs as computer hardware and software, telephone, communications, travel, etc. ) Costs must be incremental and funds will not be used to supplement existing operating costs. iv) As Official Plan and Bylaws are required by the ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island Planning Act to be reviewed and updated on a regular basis, an exception to the above funding levels will be funding for the preparation and/or review of Official Plans and municipal Development (Land Use) Bylaws. In order to be eligible for funding under the Capacity Building Fund, Official Plans must be comprehensive in nature, addressing not only land use issues but also economic, environmental and servicing issues. Prior to the Project commencement date of a review of an Official plan and/or bylaw, the Applicant must provide to the Canada/PEI Infrastructure Secretariat, the qualifications of the expertise to be engaged, and it is agreed that costs will not be eligible unless the Canada-PEI Infrastructure Secretariat is satisfied with the qualifications of the expertise to be engaged. The maximum contribution available under...

Funding Levels. The annual contract funding for the delivery of services may be reduced depending upon the anticipated rate of Unit of Service completion. The AGENCY may be subject to a decrease of funds if units are not being claimed at the anticipated rate. The anticipated rate of units claimed should be consistent over the term of this Contract, unless otherwise provided. The formula for reduction of funds/Units of Service shall be as follows: • At one quarter of the annual service period the AGENCY shall have claimed a minimum twenty percent (20%) of their anticipated rate of Unit of Service. If the minimum has not been reached, funding may be reduced by ten percent (10%) of the Units of Service allocated for that service period. • At one half of the annual service period the AGENCY shall have claimed a minimum forty percent (40%) of their anticipated rate of Unit of Service. If the minimum has not been reached, funding may be reduced by fifty percent (50%) of the Units of Service allocated for that service period. • At three quarters of the annual service period the AGENCY shall have claimed a minimum seventy-five percent (75%) of their anticipated rate of Unit of Service. If the minimum has not been reached, funding may be reduced by one hundred percent (100%) of the unspent units allocated for that service period. Any decrease of funding for any of the AGENCY’S contracted programs for failure to utilize at anticipated rate may be approved by the DEPARTMENT’S Director.

Funding Levels. Funding under FP7 and Horizon 2020 are grants based on reimbursement of actual costs incurred based on agreed Work Plan and allocation of resources. The grant is provided to the legal entity (organisation) as reimbursement of costs for personnel time based on payroll costs, necessary travel costs etc. It is important to remember that your institution is only entitled to claim reimbursement for actual time and effort and other associated costs incurred on activities that address the objectives of the proposal approved for funding. In FP7 there were different levels of reimbursement available depending on the instrument and in some cases the type of organisation participating in a project. To simply the process, Horizon 2020 provides reimbursement at the same level to all organisations for Research and Innovation Actions and Coordination and Support Actions: • 100% reimbursement of costs for Research activities • In the case of Innovation Actions Public and not-for-profit organisations receive 100% reimbursement of direct costs, while • Private organisations receive only 70% reimbursement of direct costs Under FP7 the partner organisation received different levels of reimbursement towards overheads depending on the instrument funded and the organisational type To simplify the process under H2020, there is now a flat rate of 25% reimbursement of direct costs (e.g., personnel and travel) as a contribution towards overheads. This means that for Research and Innovation Actions and Coordination and Support Actions, all organisations receive 125% reimbursement of actual direct costs, while for Innovation Actions, Public and not-for-profit organisations receive 125% reimbursement of actual direct costs, while private organisations receive 87.5% reimbursement of actual direct costs. African organisations are funded on exactly the same basis as European organisations.

Funding Levels. On the request of an Employee, the Company shall provide the Employee with details of the most recent defined benefit scheme funding level as provided by the Equipsuper Superannuation Fund, including net assets, accrued liabilities, surplus/ deficit, and funding ratio.

Funding Levels. Funding will be allocated in a transparent and equitable manner and will be approved pursuant to the following established maximum funding levels: i) Incorporated Communities that do not provide sewer and/or water services to their residents, and do not receive an allocation under the Agreement; or the Province of ▇▇▇▇▇▇ ▇▇▇▇▇▇ Island where it is endorsing unincorporated areas, may be eligible to receive up to a maximum of 100% of the cost of eligible projects under the Communities Fund, normally up to a maximum of $100,000. ii) An exception to the above guidelines will be for Renewable Energy Projects (REP) under the Community Energy Systems Project Category. Where Non-ESMI municipalities commit to fund the REP, the Non-ESMI community may be eligible up to receive up to a maximum of 80% of the eligible cost of the project. iii) The twenty-six (26) incorporated municipalities that received a direct allocation under the Agreement may receive up to 50% of the cost of Renewable Energy Projects.