Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.
Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.
Annual Plan means the annual plan of the Trust which is prepared in accordance with clause 8.1;
Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:
Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;
Annual Work Plan and Budget means the annual work plan and budget prepared by the National Coordination Unit (as hereinafter defined) for the purpose of the Project as referred to in paragraph 1 (a) of Schedule 2 to the Project Agreement;
Annual Operating Plan has the meaning ascribed to it in Section 15.3(b)(i).
Budget Period means the fiscal period for which a budget is prepared.
Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.
Development Plan has the meaning set forth in Section 3.2.
Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.