District Share definition

District Share means the District’s share of the total net operational funding contributions required in any budget year for any Core Funding in any Facility or for any Program Funding determined in accordance with Sections 30 and 31;
District Share means the District’s share of Sales and Use Tax Revenues as defined by Section 4.02 of this Agreement.

Examples of District Share in a sentence

  • The Directors of Finance will advise the Director of Recreation and Culture in advance of the preparation of the annual operating budget of any change to the District Share and City Share.

  • The District Share and City Share have been determined by agreement of the District and City Directors of Finance every 3 years commencing in 2002 on the basis of the annual District Use and City Use percentages in the previous 3 year period, and the parties agree, subject to Section 33 and Section 34, to continue with this arrangement.

Related to District Share