Procedure for Amending the Budget Sample Clauses

Procedure for Amending the Budget. 1. All budget amendments shall be proposed at a public meeting of the Board and must be approved by the majority of the Board to take effect. 2. Any amendment that does not result in an increase in tuition rates, membership dues or fees for services shall be approved by the Board by a majority vote. 3. Any amendment to the budget that results in an increase in the tuition rates, membership dues or fees for services shall adhere to the following procedures: a. All appointed representatives shall, within ten (10) working days of the public meeting at which the amendment was first proposed, report to their member districts the content of the proposed amendment. b. All amendments shall be voted on by the Board at a second public meeting of the Board next following the Board meeting at which the amendment was first proposed; adoption shall require a majority vote. c. The treasurer shall certify and transmit the amended tuition rates, membership dues and fees for services to each member district not later than ten (10) working days following the affirmative vote of the Board. 4. The Board has the authority to reduce tuition rates, membership dues and fees for services to member and non-member districts, when doing so is determined to be in the best interest of the collaborative.
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Procedure for Amending the Budget. In the event it becomes necessary to amend the budget, the following procedure shall apply: a. All budget amendments shall be proposed at a public meeting of the Board, and must be approved by a majority vote of the Board to take effect. Budget amendments shall be proposed as needed. When the need for a budget amendment is determined, the amendment will first be proposed by EDCO Collaborative administration to the Finance and Administration Subcommittee for consideration and a recommendation to the full Board. Amendments and the recommendation of the Finance and Administration Subcommittee will be presented for a Board vote at the next Board meeting. b. Any amendment to the budget that results in an increase in the tuition rates, the membership assessment or fees-for-service shall adhere to the following procedures: i. All Board members shall, within ten (10) working days of the public meeting at which the amendment was first proposed, report to their Member Districts the content of the proposed amendment. ii. All amendments shall be voted on by the Board at a second public Board meeting no earlier than thirty (30) working days after the Board meeting at which the amendment was first proposed; adoption shall require a majority vote. iii. The Treasurer shall certify and transmit the amended tuition rates, membership assessment and fees-for-service to each Member District not later than ten (10) working days following the affirmative vote of the Board. c. The Board has the authority to reduce tuition rates, membership assessment, and fees-for-service to Member Districts and non-member districts when doing so is determined to be in the best interest of the Collaborative.
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Procedure for Amending the Budget. In the event it becomes necessary to amend the budget, the following procedure shall apply: a. All budget amendments shall be proposed at a public meeting of the Board, and must be approved by a majority vote of the Board to take effect. Budget amendments shall be proposed as needed. When the need for a budget amendment is determined, the amendment will first be proposed by EDCO Collaborative administration to the Finance and Administration Subcommittee for consideration and a recommendation to the full Board. Amendments and the recommendation of the Finance and Administration Subcommittee will be presented for a Board vote at the next Board meeting. b. Any amendment to the budget that results in an increase in the tuition rates, the membership assessment or fees-for-service shall adhere to the following procedures: i. All Board members shall, within ten (10) working days of the public meeting at which the amendment was first proposed, report to their Member Districts the content of the proposed
Sample 1Sample 2
Procedure for Amending the Budget. 1. All budget amendments shall be proposed at a public meeting of the board, and must be approved by a majority vote of the board to take effect. 2. Any amendment to the budget that results in an increase in the tuition rates, membership dues or fees-for-service shall adhere to the following procedures: a. All appointed representatives shall, within ten (10) working days of the public meeting at which the amendment was first proposed, report to their member districts the content of the proposed amendment. b. All amendments shall be voted on by the board at a second public meeting of the board no earlier than thirty (30) working days after the board meeting at which the amendment was first proposed; adoption shall require a majority vote. c. The treasurer shall certify and transmit the amended tuition rates, membership dues and fees-for-service to each member district not later than ten (10) working days following the affirmative vote of the board. 3. The board has the authority to reduce tuition rates, membership dues, and fees- for- service to member and non-member districts when doing so is determined to be in the best interest of the collaborative.
Sample 1Sample 2
Procedure for Amending the Budget. 1. All budget amendments shall be proposed at a public meeting of the board. 2. Any amendment that does not result in an increase in tuition rates, membership dues or fees for services shall be approved by the board by a majority vote. 3. Any amendment to the budget that results in an increase in the tuition rates, membership dues or fees for services shall adhere to the following procedures: a. All appointed representatives shall, within ten (10) working days of the public meeting at which the amendment was first proposed, report to their member districts the content of the proposed amendment. b. All amendments shall be voted on by the board at a second public meeting of the board no earlier than thirty (30) working days after the board meeting at which the amendment was first proposed; adoption shall require a majority vote. c. The treasurer shall certify and transmit the amended tuition rates, membership dues and fees for services to each member district not later than ten (10) working days following the affirmative vote of the board. 4. The board has the authority to reduce tuition rates, membership dues and fees for services to member and non-member districts, when doing so is determined to be in the best interest of the collaborative. 5. The board shall ensure that the collaborative shall annually, no later than January 1 of each year, prepare financial statements, including: a. a statement of net assets (government-wide); b. a statement of activities (government-wide); c. a governmental funds balance sheet; d. a governmental funds statement of revenues, expenditures, and changes in fund balance; e. a general fund statement of revenues, expenditures and changes in fund balance, budget and actual; f. a statement of fiduciary net assets; g. a statement of changes in fiduciary fund net assets; and h. a capital plan identifying current capital obligations or future planned capital projects. 6. The board shall ensure that an independent audit is completed annually, and, upon the approval by the board and no later than January 1 of each year, submit the audit report for the preceding fiscal year to the chair of each member district, the Commissioner and state auditor.
Sample 1
Procedure for Amending the Budget. 1. All budget amendments shall be proposed at a public meeting of the Board. 2. Any amendment that does not result in an increase in tuition rates, capital cost assessments, or fees for services shall be approved by the Board by a majority vote. 3. Any amendment to the budget that results in an increase in capital cost assessments, tuition rate or fees for services shall adhere to the following procedures: a. All appointed Board Members shall, within ten (10) working days of the public meeting at which the amendment was first proposed, report to their member district the content of the proposed amendment. b. All amendments shall be voted on by the Board at a second public meeting of the Board no earlier than thirty (3 0) working days after the Board meeting at which the amendment was first proposed; adoption shall require a majority vote of the Board. c. The Treasurer shall certify and transmit the amended capital cost assessments, tuition rates and fees for services to each member district not later than ten (10) working days following the affirmative vote of the Board to amend the Budget at the second meeting of the Board described in Section VII. G. , 3.b, above. 5. The Board has the authority to reduce tuition rates, capital cost assessments, and fees for services to member and non-member districts, when doing so is determined by the Board to be in the best interest of the Collaborative.
Sample 1
Procedure for Amending the Budget. In the event it becomes necessary to amend the budget, the following procedure shall apply: a. All budget amendments shall be proposed at a public meeting of the Board, and must be approved by a majority vote of the Board to take effect. Budget amendments shall be proposed as needed. When the need for a budget amendment is determined, the amendment will first be proposed by EDCO Collaborative administration to the Finance and Administration Subcommittee for consideration and a recommendation to the full Board. Amendments and the recommendation of the Finance and Administration Subcommittee will be presented for a Board vote at the next Board meeting. b. Any amendment to the budget that results in an increase in the tuition rates, the membership assessment or fees-for-service shall adhere to the following procedures:
Sample 1
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Procedure for Amending the Budget. 1. All budget amendments must be in writing and must be submitted to the Executive Director five working days before the Board meeting at which they will be discussed. 2. Any amendment that does not result in an increase in the tuition rates or fees for services shall be discussed by the Board and shall only be approved upon an affirmative majority vote. 3. Any amendment to the budget that results in an increase in the tuition rates, clinic slots, or fees for services shall adhere to the following procedures: a. All Board Members shall, within ten (10) working days of the public meeting at which the amendment was first proposed, report to their Member Districts the content of the proposed amendment to the budget. b. All amendments shall be voted on by the Board at a second public meeting of the Board following the completion of step 3.a. by all Member Districts. Adoption shall require a majority vote. c. The Treasurer shall certify and transmit the amended tuition rates, clinic slots and fees for services to each Member District not later than ten (10) working days following the affirmative vote of the Board. d. The Board has the authority to reduce tuition rates, clinic slots and fees for services to Member Districts and non-Member Districts, when doing so is determined to be in the best interest of the Collaborative.
Sample 1

Related to Procedure for Amending the Budget

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