Budget Reduction definition

Budget Reduction means a reduction in revenues and/or expenditures. Budget reductions require adoption by resolution of the Board of Commissioners after public notice of the meeting when they are to be considered.
Sample 1Sample 2Sample 3

Examples of Budget Reduction in a sentence

  • Budget Reduction) In compensating for any reduction in funding, local districts must give priority to preserving classroom teachers and operations.

  • Budget Reduction) In compensating for any reduction in funding or an operating deficit publically recognized by the School Board of Trustees, local districts must give priority to preserving classroom teachers and operations.

  • Budget Reduction and Cost Share Whenever re-budgeting is necessary and cost-share is mandatory, the cost-share also needs to be re- budgeted.

  • Offset Budget Reduction) In the event of a base budget reduction assessed by the Budget and Control Board or the General Assembly, the Department of Health and Human Services is authorized to utilize Program II.

  • The wired infrastructure is built over robust equipment having enhanced security features.

  • See Budget Account 1030 AG Administration Section 5A – Recap for complete narrative and impact of the Budget Reduction Measures for the Office of the Attorney General for FY 12 and FY 13.

  • The District will pay the cost of such medical premiums during the first month following layoff and such coverage may be continued by the employee under the Comprehensive Omnibus Budget Reduction Act (COBRA) provided the employee pays the premium.

  • An employee on leave in excess of twelve (12) months may continue health plan coverage by converting to an individual health plan option (if available) or continuing group coverage subject to the provisions of the Consolidated Omnibus Budget Reduction Act (COBRA) provided the employee pays the entire cost of coverage, plus any administrative fees, for the option selected.

  • Directorate Service Opportunity Appendix 2 (continued) Proposed Income Generation/Service Cost Recovery Budget Reduction Opportunities Ref.

  • The size of the GNMA Program will depend on the extent of lender participation and is not otherwise limited, except for any funding limitations that may apply to the Commission, FHA, HUD or the GNMA program generally.

Related to Budget Reduction

  • Budget-related Policy means a policy of a municipality affecting or affected by the annual budget of the municipality, including-

  • 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).

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

  • 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.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • CIC Protection Period means the two-year period beginning on the date of a Change in Control and ending on the day before the second annual anniversary of the date of the Change in Control.

  • Dental means of or relating to the teeth and the work of a dentist.

  • 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.

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Paycheck Protection Program means loan program created by Section 1102 of the CARES Act.

  • Basic health plan model plan means a health plan as required in RCW 70.47.060(2)(e).

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • PAGA Pay Period means any Pay Period during which an Aggrieved Employee worked for Defendant for at least one day during the PAGA Period.

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

  • Medical leave means leave from work taken by a covered individual that is made neces-

  • the Contributions and Benefits Act means the Social Security Contributions and Benefits Act 1992;

  • Continuation Coverage means the temporary continuation of PEBB benefits available to enrollees under the Consolidated Omnibus Budget Reconciliation Act (COBRA), 42 U.S.C. Secs. 300bb-1 through 300bb-8, the Uniformed Services Employment and Reemployment Rights Act (USERRA), 38 U.S.C. Secs. 4301 through 4335, or the public employees benefits board's policies.

  • Budget Holder means the director or employee with delegated authority to manage finances (Income and Expenditure) for a specific area of the organisation.

  • Health benefits plan means a benefits plan which pays or

  • Annual Leave and Clause 6.3 “Personal (Sick) Leave” of this Agreement.

  • Period of Affordability means the time during which HOME Loan financed units must remain affordable to eligible households, as defined by HOME program regulations and this Plan. The Period of Affordability shall commence upon completion of the project and shall run for the period required under HOME regulations or the term of the HOME Loan, whichever is greater. Completion shall be defined as set forth in the HUD regulations for the HOME program.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Change in Control Protection Period means the period commencing on the date a Change in Control occurs and ending on the first anniversary of such date.

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.