LOTTERY FUNDS Sample Clauses

LOTTERY FUNDS. CHARTER agrees that lottery funds shall be used for purposes consistent with state law and shall be used exclusively for the education of Charter School pupils, including, but not limited to, teacher salaries and benefits. No lottery funds shall be used to acquire real property, build school facilities, finance research, or serve any other non-instructional purpose, such as those related to school maintenance, business and administrative operations. Products designed for both instructional and non-instructional purposes may be purchased with lottery funds only when they will be used to benefit an educational program or activity.
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LOTTERY FUNDS. A. Continuing its past practice, the District shall allocate thirty percent of California State Lottery revenue receipts to the schools of the District for use by the teachers for instructional materials. The amount allocated to an individual teacher, if not expended, will be carried over from year to year. The school principal shall maintain oversight responsibility for these expenditures and may disapprove an expenditure if he/she deems it inappropriate and if he/she has first discussed the proposed expenditure with the employee.
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LOTTERY FUNDS. 17.1 It is agreed that during the term of this Agreement, 25% of the Lottery Funds received by the Riverbank Unified School District shall be made available to the school sites for the purpose of purchasing textbooks, instructional supplies and instructional materials and other items as allowed by state law for purchase with discretionary fund allocations. The allocation to each site shall be made by the District based on receipt of Lottery Funds for the previous fiscal year. Allocations to the school site shall take place once each school year. Back to Top
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LOTTERY FUNDS. 23.1 The District and the Association shall consult as provided by Government Code Section 3543.2 in developing guidelines for the allocation of lottery funds. A committee shall be formed, composed of two members appointed by the Association and two members appointed by the Superintendent. The guidelines recommended by the voting majority of the committee shall be submitted to the Board of Education through the Superintendent.
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LOTTERY FUNDS. The State Controller’s Office will distribute Lottery funds directly to the Charter School pursuant to Education Code Section 47638.
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Related to LOTTERY FUNDS

  • Match Funds The goal of this subtask is to ensure that the Recipient obtains any match funds planned for this Agreement and applies them to the Agreement during the Agreement term. While the costs to obtain and document match funds are not reimbursable under this Agreement, the Recipient may spend match funds for this task. The Recipient may only spend match funds during the Agreement term, either concurrently or prior to the use of Energy Commission funds. Match funds must be identified in writing, and the Recipient must obtain any associated commitments before incurring any costs for which the Recipient will request reimbursement. The Recipient shall: • Prepare a Match Funds Status Letter that documents the match funds committed to this Agreement. If no match funds were part of the proposal that led to the Energy Commission awarding this Agreement and none have been identified at the time this Agreement starts, then state this in the letter. If match funds were a part of the proposal that led to the Energy Commission awarding this Agreement, then provide in the letter: o A list of the match funds that identifies:  The amount of cash match funds, their source(s) (including a contact name, address, and telephone number), and the task(s) to which the match funds will be applied.  The amount of each in-kind contribution, a description of the contribution type (e.g., property, services), the documented market or book value, the source (including a contact name, address, and telephone number), and the task(s) to which the match funds will be applied. If the in-kind contribution is equipment or other tangible or real property, the Recipient must identify its owner and provide a contact name, address, telephone number, and the address where the property is located.  If different from the solicitation application, provide a letter of commitment from an authorized representative of each source of match funding that the funds or contributions have been secured. • At the Kick-off meeting, discuss match funds and the impact on the project if they are significantly reduced or not obtained as committed. If applicable, match funds will be included as a line item in the progress reports and will be a topic at CPR meetings. • Provide a Supplemental Match Funds Notification Letter to the CAM of receipt of additional match funds. • Provide a Match Funds Reduction Notification Letter to the CAM if existing match funds are reduced during the course of the Agreement. Reduction of match funds may trigger a CPR meeting. Products: • Match Funds Status Letter • Supplemental Match Funds Notification Letter (if applicable) • Match Funds Reduction Notification Letter (if applicable)

  • Commingling, Exchange and Investment of the Contributions 2.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Bank. The Contributions may be commingled with other trust fund assets maintained by the Bank.

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