Funding Structure. Cash and Grocery Cards (as applicable) • Most schools will receive nutrition funding in the form of cash. Some schools will also receive grocery cards. • The cash component of your funding will be transferred via the school board. Please note that monthly expenses (non-grocery cards) reported to ONFE SBP must match your schools balance. • Grocery cards will be delivered by your Community Development Coordinator before the end of October 2019. • Grocery cards hold a monetary value. They must be signed for upon receipt and stored in a locked area. • Unspent grocery cards must be returned by the end of the school year. • Your school is responsible for repayment of ANY lost grocery cards, or inappropriate purchases.
Funding Structure. Unless otherwise agreed by the Shareholder Groups, equity contributions will be made by the Parties in accordance with their respective shareholdings in the Corporation. The Parties will co-operate to make such changes to the structure (but not the monetary amounts) as may be reasonably required to accommodate relevant accounting, tax planning and operational considerations with respect to the Boleo Project.
Funding Structure. The Parties will cooperate to make the funding structure as may be reasonably required to accommodate relevant accounting, tax planning and operational considerations with respect to the Diablillos Project.
Funding Structure. All Project development costs payable by the Parties as set forth above shall be paid to MPAL Old or MPAL New in a timely manner and be structured to achieve tax efficiencies and to ensure that no owner of a Stage Interest shall have any commercial, legal or structural advantage over the owner of another Stage Interest with respect to its rights to receive payment or repayment of such funding.
Funding Structure. In 2018, SECCCA reviewed its funding structure. It was agreed changing from a structure which relied on grants to underpin staffing and operational costs, to a model in which membership fees covered these costs was the best, long term financial management approach. Current expenditure: • Staffing 1 EFT (permanent) and 0.9 EFT (contract) • Staff are equipped with mobile phones and laptops to facilitate flexible working arrangements The agreed 2019/2020 membership fee is $31,500 for each of the nine Council members. The new membership fee structure will be as follows 2020/21 ‐ $36,500 2021/22 ‐ $37,415 2022/23 ‐ $38,350 2023/24 ‐ $39,690 Baw Baw Shire Council and Bass Coast Shire Council will receive a 10% discount recognising their resource constraints from 2020/21 In reviewing the financial structure members had significant discussions about revenue generation and the potential for projects to make a profit. The potential for any one project to create revenue will be fully explored, with detailed business plans created for each project. It is anticipated these business plans will include the potential for the project to have broad market appeal; appropriate pricing structure; the potential for a profit margin; and detail examination of project costs. However, forecasting and basing financial decisions around what at this stage are unknowns is not acceptable financial management. Thus, membership fees will cover operating costs (staffing, operational and organisational costs) and projects will be, at the very least, revenue neutral. Non‐member Council can participate in SECCCA projects, however they are charged a 20% premium.
Funding Structure. Phase Budget Source Final PS&E ~$400,000 To be determined Construction ~$8,000,000 To be determined Tasks Outlined Above $42,095.000 Total $8,442,095.00 Appendix A - Rate Structure Xxxxx Environmental Consulting Rate Structure as of January 1, 2023. Rates are subject to change annually, updated rates and categories of work available upon request. Category of Work Hourly Rate Project Management (budget, scope, consultant management, stakeholder engagement) $88 WRS Existing Program Support $52 Project Conceptualization (new project conceptualization including budgets and schedules) $62 Additional Grant Management (researching, applying for, managing, and closing out of grants not outlined above) $57 Additional Permit Management (applying, coordinating, and managing new permits not outlined above) $57
