Common use of Revenue Management Clause in Contracts

Revenue Management. The Corporation is hereby authorized to collect, administer and raise funds through program revenues, donation boxes, direct appeals, campaigns, events, grants for special programs and all activities specified herein with the following requirements:  All revenues received by the Corporation in accordance with this agreement shall be deposited in the Corporation’s accounts.  All revenues must be expended exclusively for the purpose(s) for which they were collected, administered and raised, and/or defined by the appeal, grant or program description.  All donation box revenues and rental revenues shall be designated for the Division of Library and Information Services’ sites/facilities as deemed appropriate by the Corporation and the Department Division.  When revenues are specified by the donor or funding source to be for a particular purpose, they are to remain permanently restricted and designated in the budget. If the Corporation receives a donation that cannot be used for the purpose for which it was given, the Corporation shall contact the donor to determine if those funds should be returned or may be used by the Corporation for another purpose and shall obtain written confirmation from the donor. If such funds remain in the budget at the end of the fiscal year, they are to remain restricted and carried forward to the next year’s budget.  Pursuant to Article 6, Section 4, of the Corporation’s Bylaws, the Corporation’s Board of Directors must approve all expenditures over $10,000 $1,500. The State Librarian is hereby delegated with the limit of authority on individual expenditures of up to $1,500. The Treasurer, State Librarian or his/her designee, have has authority to sign all checks, drafts or orders for the payment of money, notes, or other evidences of indebtedness issued in the name of the Corporation if the expenditure is authorized in the adopted budget, approved by the Board, or otherwise deemed as appropriate by the Department Division. The Finance Coordinator is responsible for making deposits, providing monthly financial reports to the Board and preparing all other annual corporate financial and/or tax reports and filings.  Department Division staff may be reimbursed for expenditures made on behalf of the Corporation upon submission of proper proof of expenditure. Expenditures must be approved by the Corporation or authorized by the Department Division and in accordance with the Corporation’s Bylaws. A Department Division staff member shall not approve their own reimbursement expenditure.  The Corporation shall not jointly employ Department Division staff or their relatives. The Corporation shall reimburse the Department Division for any employment expenditures where Department Division staff has performed work on behalf of the Corporation beyond the employee’s scheduled state work hours.  The foregoing provisions apply to grants to the extent that they do not conflict with grant award agreements. Appropriate records are to be maintained for reporting purposes.

Revenue Management. The Corporation is hereby authorized to collect, administer and raise funds through program revenues, retail revenues, facility rental revenues, donation boxes, direct appeals, campaigns, events, grants for special programs programs, and all activities specified herein with the following requirements:  • All revenues received by the Corporation in accordance with this agreement shall be deposited in the Corporation’s accounts.  • All revenues must be expended exclusively for the purpose(s) for which they were collected, administered and raised, raised and/or defined by the appeal, grant grant, or program description.  • All donation box revenues box, food service, and rental program fee revenues shall be designated by site/facility where collected and used only for the Division expenses of Library and Information Services’ sitesthat site/facilities facility as deemed appropriate by the Corporation and the Department Division.  • When revenues are specified by the donor or funding source to be for a particular purpose, they are to remain permanently restricted and designated in the budget. If the Corporation receives a donation that cannot be used for the purpose for which it was given, the Corporation shall contact the donor to determine if those funds should be returned or may be used by the Corporation for another purpose and shall obtain written confirmation from the donor. If such funds remain in the budget at the end of the fiscal year, they are to remain restricted and carried forward to the next year’s budget.  Pursuant Excess funds for the Florida History Day and the Traveling Exhibits Program shall also be carried forward to the next fiscal year in a like manner. • As stated in the Friends of the Museums of Florida History, Inc. Bylaws, Article 6VII, Management, Section 4, of the Corporation’s Bylaws, the 5: The Corporation’s Board of Directors must shall approve all expenditures over $10,000 $1,500in accordance with the Corporation’s bylaws and articles. The State Librarian is hereby Should the Corporation determine that Department staff may be delegated responsibility to approve individual expenditures, it must specifically state those delegations and limits of authority within this Letter of Agreement. Those individuals are the Museum Director, the Development and Financial Director, and Florida History Shops Manager with the limit of authority on individual expenditures of up to $1,5001500.00. The Treasurer, State Librarian or his/her designee, have has authority to sign all checks, drafts or orders for the payment of money, notes, or other evidences of indebtedness issued in the name of the Corporation if the expenditure is authorized in the adopted budget, approved by the Board, or otherwise deemed as appropriate by the • Department Division. The Finance Coordinator is responsible for making deposits, providing monthly financial reports to the Board and preparing all other annual corporate financial and/or tax reports and filings.  Department Division staff may be reimbursed for expenditures made on behalf of and previously approved by the Corporation upon submission of proper proof of expenditure. Expenditures must be approved by Should the Corporation or authorized by the delegate expenditure approval authority to Department Division and in accordance with the Corporation’s Bylaws. A Department Division staff as stated previously, a staff member shall not approve their own reimbursement expenditure.  • The Corporation shall not jointly employ Department Division staff or their relatives. The Corporation shall reimburse the Department Division for any employment expenditures where Department Division staff has performed work on behalf of the Corporation beyond the employee’s scheduled state work hours.  • The FMFH agree to adhere to Part III, Chapter 112, Florida Statutes, titled Code of Ethics for Public Officers and Employees and the Florida Department of State Ethics Policy in the performance of its duties. • The foregoing provisions apply to endowments to the extent that they do not conflict with the requirements of Article 3 of this Agreement. • The foregoing provisions apply to grants to the extent that they do not conflict with grant award agreements. Appropriate records are to be maintained for reporting purposes.

Revenue Management. The Corporation is hereby authorized to collect, administer and raise funds through program revenues, retail revenues, facility rental revenues, donation boxes, direct appeals, campaigns, events, grants for special programs programs, and all activities specified herein with the following requirements:  • All revenues received by the Corporation in accordance with this agreement shall be deposited in the Corporation’s accounts.  • All revenues must be expended exclusively for the purpose(s) for which they were collected, administered and raised, raised and/or defined by the appeal, grant grant, or program description.  • All donation box revenues box, food service, and rental program fee revenues shall be designated by site/facility where collected and used only for the Division expenses of Library and Information Services’ sitesthat site/facilities facility as deemed appropriate by the Corporation and the Department Division.  • When revenues are specified by the donor or funding source to be for a particular purpose, they are to remain permanently restricted and designated in the budget. If the Corporation receives a donation that cannot be used for the purpose for which it was given, the Corporation shall contact the donor to determine if those funds should be returned or may be used by the Corporation for another purpose and shall obtain written confirmation from the donor. If such funds remain in the budget at the end of the fiscal year, they are to remain restricted and carried forward to the next year’s budget.  Pursuant Excess funds for the Florida History Day and the Traveling Exhibits Program shall also be carried forward to the next fiscal year in a like manner. • As stated in the Friends of the Museums of Florida History, Inc. Bylaws, Article 67, Management, Section 4, of the Corporation’s Bylaws, the 5: The Corporation’s Board of Directors must shall approve all expenditures over $10,000 $1,500in accordance with the Corporation’s bylaws and articles. The State Librarian is hereby Should the Corporation determine that Department staff may be delegated responsibility to approve individual expenditures, it must specifically state those delegations and limits of authority within this Letter of Agreement. Those individuals are the Museum Director, the Development and Financial Director, and Florida History Shops Manager with the limit of authority on individual expenditures of up to $1,5001500.00. The Treasurer, State Librarian or his/her designee, have has authority to sign all checks, drafts or orders for the payment of money, notes, or other evidences of indebtedness issued in the name of the Corporation if the expenditure is authorized in the adopted budget, approved by the Board, or otherwise deemed as appropriate by the • Department Division. The Finance Coordinator is responsible for making deposits, providing monthly financial reports to the Board and preparing all other annual corporate financial and/or tax reports and filings.  Department Division staff may be reimbursed for expenditures made on behalf of and previously approved by the Corporation upon submission of proper proof of expenditure. Expenditures must be approved by Should the Corporation or authorized by the delegate expenditure approval authority to Department Division and in accordance with the Corporation’s Bylaws. A Department Division staff as stated previously, a staff member shall not approve their own reimbursement expenditure.  • The Corporation shall not jointly employ Department Division staff or their relatives. The Corporation shall reimburse the Department Division for any employment expenditures where Department Division staff has performed work on behalf of the Corporation beyond the employee’s scheduled state work hours.  • The FMFH agree to adhere to Part III, Chapter 112, Florida Statutes, titled Code of Ethics for Public Officers and Employees and the Florida Department of State Ethics Policy in the performance of its duties. • The foregoing provisions apply to endowments to the extent that they do not conflict with the requirements of Article 3 of this Agreement. • The foregoing provisions apply to grants to the extent that they do not conflict with grant award agreements. Appropriate records are to be maintained for reporting purposes.

Revenue Management. The Corporation is hereby authorized to collect, administer and raise funds through program revenues, retail revenues, facility rental revenues, donation boxes, direct appeals, campaigns, events, grants for special programs programs, and all activities specified herein with the following requirements:  • All revenues received by the Corporation in accordance with this agreement shall be deposited in the Corporation’s accounts.  • All revenues must be expended exclusively for the purpose(s) for which they were collected, administered and raised, raised and/or defined by the appeal, grant grant, or program description.  • All donation box revenues box, food service, and rental program fee revenues shall be designated by site/facility where collected and used only for the Division expenses of Library and Information Services’ sitesthat site/facilities facility as deemed appropriate by the Corporation and the Department Division.  • When revenues are specified by the donor or funding source to be for a particular purpose, they are to remain permanently restricted and designated in the budget. If the Corporation receives a donation that cannot be used for the purpose for which it was given, the Corporation shall contact the donor to determine if those funds should be returned or may be used by the Corporation for another purpose and shall obtain written confirmation from the donor. If such funds remain in the budget at the end of the fiscal year, they are to remain restricted and carried forward to the next year’s budget.  Pursuant Excess funds for the Florida History Fair and the Traveling Exhibits Program shall also be carried forward to the next fiscal year in a like manner. • As stated in the Friends of the Museums of Florida History, Inc. Bylaws, Article 67, Management, Section 4, of the Corporation’s Bylaws, the 5: The Corporation’s Board of Directors must shall approve all expenditures over $10,000 $1,500in accordance with the Corporation’s bylaws and articles. The State Librarian is hereby Should the Corporation determine that Department staff may be delegated responsibility to approve individual expenditures, it must specifically state those delegations and limits of authority within this Letter of Agreement. Those individuals are the Museum Director, the Development and Financial Director, and Florida History Shops Manager with the limit of authority on individual expenditures of up to $1,5001000.00. The Treasurer, State Librarian or his/her designee, have has authority to sign all checks, drafts or orders for the payment of money, notes, or other evidences of indebtedness issued in the name of the Corporation if the expenditure is authorized in the adopted budget, approved by the Board, or otherwise deemed as appropriate by the • Department Division. The Finance Coordinator is responsible for making deposits, providing monthly financial reports to the Board and preparing all other annual corporate financial and/or tax reports and filings.  Department Division staff may be reimbursed for expenditures made on behalf of and previously approved by the Corporation upon submission of proper proof of expenditure. Expenditures must be approved by Should the Corporation or authorized by the delegate expenditure approval authority to Department Division and in accordance with the Corporation’s Bylaws. A Department Division staff as stated previously, a staff member shall not approve their own reimbursement expenditure.  • The Corporation shall not jointly employ Department Division staff or their relatives. The Corporation shall reimburse the Department Division for any employment expenditures where Department Division staff has performed work on behalf of the Corporation beyond the employee’s scheduled state work hours.  • The FMFH agree to adhere to Part III, Chapter 112, Florida Statutes, titled Code of Ethics for Public Officers and Employees and the Florida Department of State Ethics Policy in the performance of its duties. • The foregoing provisions apply to endowments to the extent that they do not conflict with the requirements of Article 3 of this Agreement. • The foregoing provisions apply to grants to the extent that they do not conflict with grant award agreements. Appropriate records are to be maintained for reporting purposes.

Revenue Management. The Corporation is hereby authorized to collect, administer and raise funds through program revenues, retail revenues, facility rental revenues, donation boxes, direct appeals, campaigns, events, grants for special programs programs, and all activities specified herein with the following requirements:  • All revenues received by the Corporation in accordance with this agreement shall be deposited in the Corporation’s accounts.  • All revenues must be expended exclusively for the purpose(s) for which they were collected, administered and raised, raised and/or defined by the appeal, grant grant, or program description.  • All donation box revenues box, food service, and rental program fee revenues shall be designated by site/facility where collected and used only for the Division expenses of Library and Information Services’ sitesthat site/facilities facility as deemed appropriate by the Corporation and the Department Division.  • When revenues are specified by the donor or funding source to be for a particular purpose, they are to remain permanently restricted and designated in the budget. If the Corporation receives a donation that cannot be used for the purpose for which it was given, the Corporation shall contact the donor to determine if those funds should be returned or may be used by the Corporation for another purpose and shall obtain written confirmation from the donor. If such funds remain in the budget at the end of the fiscal year, they are to remain restricted and carried forward to the next year’s budget.  Pursuant Excess funds for the Florida History Day and the Traveling Exhibits Program shall also be carried forward to the next fiscal year in a like manner. • As stated in the Friends of the Museums of Florida History, Inc. Bylaws, Article 67, Management, Section 4, of the Corporation’s Bylaws, the 5: The Corporation’s Board of Directors must shall approve all expenditures over $10,000 $1,500in accordance with the Corporation’s bylaws and articles. The State Librarian is hereby Should the Corporation determine that Department staff may be delegated responsibility to approve individual expenditures, it must specifically state those delegations and limits of authority within this Letter of Agreement. Those individuals are the Museum Director, the Development and Financial Director, and Florida History Shops Manager with the limit of authority on individual expenditures of up to $1,5001000.00. The Treasurer, State Librarian or his/her designee, have has authority to sign all checks, drafts or orders for the payment of money, notes, or other evidences of indebtedness issued in the name of the Corporation if the expenditure is authorized in the adopted budget, approved by the Board, or otherwise deemed as appropriate by the • Department Division. The Finance Coordinator is responsible for making deposits, providing monthly financial reports to the Board and preparing all other annual corporate financial and/or tax reports and filings.  Department Division staff may be reimbursed for expenditures made on behalf of and previously approved by the Corporation upon submission of proper proof of expenditure. Expenditures must be approved by Should the Corporation or authorized by the delegate expenditure approval authority to Department Division and in accordance with the Corporation’s Bylaws. A Department Division staff as stated previously, a staff member shall not approve their own reimbursement expenditure.  • The Corporation shall not jointly employ Department Division staff or their relatives. The Corporation shall reimburse the Department Division for any employment expenditures where Department Division staff has performed work on behalf of the Corporation beyond the employee’s scheduled state work hours.  • The FMFH agree to adhere to Part III, Chapter 112, Florida Statutes, titled Code of Ethics for Public Officers and Employees and the Florida Department of State Ethics Policy in the performance of its duties. • The foregoing provisions apply to endowments to the extent that they do not conflict with the requirements of Article 3 of this Agreement. • The foregoing provisions apply to grants to the extent that they do not conflict with grant award agreements. Appropriate records are to be maintained for reporting purposes.