Common use of Sustainable Funding Commitments Clause in Contracts

Sustainable Funding Commitments. MMSD has made an ongoing commitment to continue to fund and support this school. The Council will assume responsibility for approving the IMACS annual operating budget, grant applications, and fundraising activities. IMACS will be allocated funds on a per-pupil basis in the same manner as other MMSD schools. MMSD will allocate any federal and state formula funds that the IMACS is eligible for (x.x. Xxxx Xxxxxxx, ESEA, etc.) according to those federal and state funding guidelines.

Sustainable Funding Commitments. MMSD has made an ongoing commitment to continue to fund and support this school. The Council will assume responsibility for approving the IMACS annual operating budget, grant applications, and fundraising activities. IMACS will be allocated funds on a per-pupil basis in the same manner as other MMSD schools. MMSD will allocate any federal and state formula funds that the IMACS is eligible for (x.x. e.g. Xxxx Xxxxxxx, ESEA, etc.) according to those federal and state funding guidelines.