Common use of General Fund Carry Forward Clause in Contracts

General Fund Carry Forward. At the conclusion of the fiscal year, the CMHSP may carry forward up to 5% of state mental health General Funds (formula funding) authorized through this contract. These funds shall be treated as state funds and shall be budgeted as a CMHSP planned expenditure in the subsequent year. All carry-forward funds unexpended in the subsequent year shall be returned to the MDHHS.

Appears in 5 contracts

Samples: Part I: Contractual Services Terms and Conditions, Part I: Contractual Services Terms and Conditions, www.rightdoor.org

AutoNDA by SimpleDocs

General Fund Carry Forward. At the conclusion of the fiscal year, the CMHSP may carry forward up to 5% of state mental health General Funds (formula funding) authorized through this contract. These funds shall be treated as state funds and shall be budgeted as a CMHSP planned expenditure in the subsequent year. All carry-forward funds unexpended in the subsequent year shall be returned to the MDHHSMDCH.

Appears in 2 contracts

Samples: www.rightdoor.org, www.rightdoor.org

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!