Departmental Budget means a group of Budget Line Items which are segregately defined and grouped together to show those Budget Line Items applicable to and to be administered by, each Department as determined by and approved by the Director of Finance from time to time (and then typically recorded as such within the general ledger of accounts in the accounting system utilized by the Director of Finance).

Departmental Budget means a group of Capital Project Budgets which are segregately defined and grouped together to show those Capital Projects applicable to and to be administered by, each Department, as determined by and approved by the Director of Finance from time to time (and then typically recorded as such within the general ledger of accounts in the accounting system utilized by the Director of Finance).

Examples of Departmental Budget in a sentence

For 2023, the Adjusted EBITDA Budget Target shall comprise 60% of the total Annual Target Bonus Pool, the Distributable Cash Flow Budget Target shall comprise 25% of the total Annual Target Bonus Pool and the Departmental Budget Target shall comprise the remaining 15% of the total Annual Target Bonus Pool.
In the case where a department head oversees multiple departments the Departmental Budget shall be the total aggregate budget for all of his/her departments.2.12Distributable Cash Flow means net income, adjusted for certain non-cash items, less maintenance capital expenditures.2.13Eligible Earnings means the aggregate regular earnings plus overtime earnings, if any, received by an Eligible Employee during the Plan Year.
As used in this Plan, the following terms shall have the meanings herein specified: 2.1Actual Results means the dollar amount of Adjusted EBITDA, Distributable Cash Flow, Departmental Budget or other applicable financial measure specified for the Budget Target(s) for a Plan Year actually achieved for such Plan Year as determined by the Partnership following the end of such Plan Year.

More Definitions of Departmental Budget

Departmental Budget means the budget of an operating unit overseen by a Commissioner or equivalent;

Departmental Budget means the Department’s total budget, which is an aggregate sum of each Cost Center Budget and the budget for staff compensation.

Development Budget shall have the meaning set forth in Section 3.3.
Redevelopment Commission means the Fishers Redevelopment Commission.
Capital Budget has the meaning given in Section 3.11(a).
Operating Budget has the meaning given in Section 3.11(a).
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 Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.
Pre-commissioning means the testing, checking, and any other required activity that may be specified in the Technical Requirements that are to be carried out by the Supplier in preparation for Commissioning of the System as provided in GCC Clause 26 (Installation).
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.
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.