Administrative cost allowance definition

Administrative cost allowance means an amount that, subject to the approval of the oversight board, is payable from property tax revenues of up to 5 percent of the property tax allocated to the successor agency for the 2011–12 fiscal year and up to 3 percent of the property tax allocated to the Redevelopment Obligation Retirement Fund money that is allocated to the successor agency for each fiscal year thereafter; provided, however, that the amount shall not be less than two hundred fifty thousand dollars ($250,000) for any fiscal year or such lesser amount as agreed to by the successor agency. However, the allowance amount shall exclude any administrative costs that can be paid from bond proceeds or from sources other than property tax.
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Administrative cost allowance means an amount that, subject to the approval of the oversight board, is payable from property tax revenues of up to 5 percent of the property tax allocated to the successor agency on the Recognized Obligation Payment Schedule covering the period January 1, 2012, through June 30, 2012, and up to 3 percent of the property tax allocated to the Redevelopment Obligation Retirement Fund money that is allocated to the successor agency for each fiscal year thereafter; provided, however, that the amount shall not be less than two hundred fifty thousand dollars ($250,000), unless the oversight board reduces this amount, for any fiscal year or such lesser amount as agreed to by the successor agency. However, the allowance shall exclude, and shall not apply to, any administrative costs that can be paid from bond proceeds or from sources other than property tax. Administrative cost allowances shall exclude any litigation expenses related to assets or obligations, settlements and judgments, and the costs of maintaining assets prior to disposition. Employee costs associated with work on specific project implementation activities, including, but not limited to, construction inspection, project management, or actual construction, shall be considered project-specific costs and shall not constitute administrative costs.”
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Administrative cost allowance means an amount that, subject to the approval of the oversight board, is payable from property tax revenues of up to 5 percent of the property tax allocated to the former redevelopment agency and the successor agency on the Recognized Obligation Payment Schedule covering the period January 1, 2012 through June 30, 2012 for the 2011-12 fiscal year reduced by the amount, if any, of property taxes calculated pursuant to subdivision (n) of section 34177 and up to 3 percent of the property tax allocated
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Examples of Administrative cost allowance in a sentence

  • Reimbursements to the Fund of the amounts canceled on loans made 07/01/1972 and after $034.1. Administrative cost allowance$ 0 34.2. Collection costs$ 0 34.3. Administrative cost allowance and collection costs (control) $ 0 Cost of loan principal and interest canceled for the following categories: 35.

  • The different levels are defined as follows: Level 1: quoted prices (unadjusted) in active market for similar instruments. Level 2: Inputs other than quoted prices within level 1. Level 3: inputs that are not based on observable market data.

  • International Training and Health (INTRAH) – the training component of the DISH Project, which provided in-service training in integrated FPR/ HC services for both public and private sector nurses and midwives.

  • Funds allocated to an institution under the FSEOG Program may be used for the following purposes:* Make FSEOG award to eligible students* Administrative cost allowance Minimum and Maximum FSEOG AwardsGenerally, the amount of a FSEOG awarded for an academic year equals the amount the college determines necessary to continue his or her studies with the following limits:* No award for less than $100 for a full academic year.* No award more than $4,000 for a full academic year.

  • Administrative cost allowance shall exclude any litigation expenses related to assets or obligations, settlements and judgments, and the costs of maintaining assets prior to disposition.

  • Make sure the information you provide here is current by going to FISAP on the Web’s Self-Service screen, then to “Campus-Based Notifications for All Available Award Years.” Then select “Perkins Service Cancellation Awards.” Valid amounts are000000000-999999999This field cannot be blank.27.1 Administrative cost allowance Column a.

  • AA.3.2 Administrative cost allowance calculation Please refer to Section IX.

  • Administrative cost allowance allocationCurrently, statute provides for MPCC and WNCC to use 20% of their allocation for admin costs, CCC and NECC 15%, and MCC and SCC 10%.


More Definitions of Administrative cost allowance

Administrative cost allowance means the maximum amount of administrative costs that may be paid by a successor agency from the Redevelopment Property Tax Trust Fund in a fiscal year.
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Administrative cost allowance means an amount that, subject to the approval of the oversight board, is payable from property tax revenues of up to 5 percent of the property tax allocated to the
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Administrative cost allowance is an amount per solid cubic metre set by the Minister of the Department of Natural Resources from time to time and is used to calculate the stumpage rates payable and which is currently at the time of signing this agreement set at $ per solid cubic metre.
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Administrative cost allowance means an amount that, subject to the approval of the oversight board, is payable from
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Administrative cost allowance means an amount that, subject to the approval of the oversight board, is payable from property tax revenues of up to 5 percent of the property tax allocated to the successor agency for the 2011-12 fiscal year and up to 3 percent of the property tax allocated to the Redevelopment Obligation Retirement Fund money that is allocated to the successor agency for each fiscal year thereafter; provided, however, that
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Administrative cost allowance means an amount that, subject to the approval of the oversight board, is payable from property tax revenues of up to 5 percent of the property tax allocated to the successor agency on the Recognized Obligation Payment Schedule covering the period January
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Related to Administrative cost allowance

  • Administrative Costs means all costs and expenses associated with providing notice of the Class Settlement Agreement to the Settlement Class, Claims Administration, and otherwise administering and carrying out the terms of this Class Settlement Agreement.

  • Administrative cost means a fee imposed to cover:

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Direct Costs means the sum of the following:

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Allowance means compensation payable to an employee in addition to his regular remuneration payable for the performance of the duties of his position;

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Administrative Fee is defined in Section 4.1(a).

  • Administration Costs means: (a) the costs and expenses associated with the 26 production, dissemination, and publication of the Notice; (b) all reasonable costs incurred by the 27 Settlement Administrator in administering and effectuating this Settlement, including the costs of 28 obtaining the Class Members’ contact and account information and distributing the Settlement 1 Amount, which costs are necessitated by performance and implementation of this Agreement and 2 any court orders relating thereto; and (c) all reasonable fees charged by the Settlement