Budget Changes definition

Budget Changes. An amendment that would result in a transfer of funds among program activities or budget cost categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the AG and OSC where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Attachment D (Payment and Reporting Schedule).
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Budget Changes provisions, the Grantee and sub-recipients must obtain prior written approval from ED for transfers among direct cost categories and among separately budgeted programs, projects, functions, or activities that exceed $100,000 of the current total approved budget.
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Budget Changes has the meaning assigned thereto in Section 3.17(d) hereof.
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Examples of Budget Changes in a sentence

  • Changes to the budget that do not increase or reduce the maximum dollar obligation of the City are subject to the provisions of the Department of Public Health Policy/Procedure Regarding Contract Budget Changes.

  • RECOMMENDATION: SHERIFF Waive Board Policy A-91, Mid-Year Budget Changes.

  • Budget Changes GenerallyThe Contracting Officer has reviewed and approved the SF-424A in Attachment 3 to this Award.

  • RECOMMENDATION: CHIEF ADMINISTRATIVE OFFICER Waive Board Policy A-91, Mid-Year Budget Changes.

  • Note: Depending on the Change the effort may need to be escalated to the DHSS IT Governance for significant Schedule and Budget Changes.

  • Then the ECS or ECBO must check the box entitled “ECS or ECBO – Budget Changes Needed” to open up the budget for data entry.

  • MOTIONDr. Miladore motioned, Mr. Mistovich seconded to approve the 2020 Budget Changes as presented.

  • Budget reallocations were completed in October (FY15 Budget Changes column).

  • The FY 2014 Proposed Budget Changes section within each agency chapter provides a comprehensive explanation of the FY 2013 Approved Budget to FY 2014 Proposed Budget, by Revenue Type table that appears in nearly every chapter.

  • Budget Statement Budget Changes for Department/Program Name: Contractual or Known Changes: A Bullet and reflected in each spending category, employees and specific budget lines will be increased or decreased by the Finance Team that reflect changes in CBAs, our multi-year Contracts for Services, and any CPI change to expense lines if revenue is available.


More Definitions of Budget Changes

Budget Changes. An amendment that would result in a transfer of funds among program activities or budget categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the Offices of the State Comptroller and Attorney General where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Appendix C (Payment and Reporting Schedule).
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Related to Budget Changes

  • 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;

  • Budget Period means the fiscal period for which a budget is prepared.

  • 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.

  • Budget month means the calendar month from which nonfinancial and financial information is used to determine eligibility (see section (28) of this rule) and benefit level for the payment month (see section (50) of this rule).

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53(1) (c) (ii) for implementing the municipality’s delivery of municipal services and its annual budget.

  • Implementation Schedule means the Implementation Schedule in Section VII of the tendering documents.

  • Budget Act means an act containing appropriations which form a portion of the state's annual budget.

  • Parenting plan means a written plan describing each parent's rights and responsibilities.

  • Restructuring Plan means the Restructuring Plan attached hereto as Schedule 1.1.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Budget unit means the unit for which the ANB of a district is calculated separately pursuant to 20-9-311.

  • 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.

  • Project Implementation Plan means the detail plan submitted by the Developer with regard to development of Project Facilities and its operation and management thereof in accordance with this Agreement and to be appended as Schedule 9 to this Agreement.

  • financial recovery plan means a plan prepared in terms of section 141 of the MFMA

  • Development Budget has the meaning set forth in Section 3.1.

  • Business Continuity and Disaster Recovery Plan means the Schedule containing plans and provisions for business continuity and disaster recovery.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Complete application means a document prepared in

  • Business Plan means the information required to be supplied to the

  • Implementation Plan means the schedule included in the Statement of Work setting forth the sequence of events for the performance of Services under the Statement of Work, including the Milestones and Milestone Dates.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Project Implementation Manual or “PIM” means the manual setting out the measures required for the implementation of the Project, as the same may be amended from time to time, subject to prior approval of the Association;

  • State Budget Director means the individual appointed by the Governor pursuant to Section 321 of The Management and Budget Act, 1984 PA 431, MCL 18.1321.

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • State implementation plan or “SIP” means the plan adopted by the state of Iowa and approved by the Administrator which provides for implementation, maintenance, and enforcement of such primary and secondary ambient air quality standards as they are adopted by the Administrator, pursuant to the Act.