Common use of Reduced Funding Clause in Contracts

Reduced Funding. If categories which contain requests for funds to support items in this agreement are reduced by fiscal authorities, further negotiations on these items shall begin after the action by the Board of Education and conclude not later than June 15 for the subsequent fiscal year. (copied from Item 1

Reduced Funding. If categories which contain requests for funds to support items in this agreement are reduced by fiscal authorities, further negotiations on these items shall begin after the action by the Board of Education and conclude not later than June 15 for the subsequent fiscal year. (copied from Item 1.