Fiscal exigency definition

Fiscal exigency means any significant decline in the Board of Education’s ability to fund the operations of the district as a result of a decline in student enrollment, restrictions on revenues, increased costs or any other action, event or condition that may cause the district’s current or projected budget to be insufficient to adequately meet the district’s current or projected needs. A fiscal exigency may exist based solely upon current revenue and expenditure projections.
Fiscal exigency is any decline in the Board's ability to fund the operation of the District that necessitates, in the Board's judgment, a reduction in the District's current general fund budget.
Fiscal exigency means any significant decline in the Board of Education's ability to fund the operation of the district.

Examples of Fiscal exigency in a sentence

  • Fiscal exigency is a legal status and may be declared only by the Board of Trustees.

  • Fiscal exigency is a serious condition when the operating funds of the College are inadequate to successfully maintain the established level of programs and services.

  • This determination will be as the result of one or more of the following:  Fiscal exigency  Program and/or enrollment declines The President of the College will seek the advice and counsel of the PECCC as to alternatives to such reductions, if any.

  • Fiscal exigency will allow the District flexibility in meeting the needs of our students and staff.

  • Cambrex shall procure and purchase from reputable suppliers on behalf of and in the name of Client all Components that are necessary for Cambrex to perform the Services.


More Definitions of Fiscal exigency

Fiscal exigency means any significant decline in the Board of Education's ability to fund the operations of the District as a result of a decline in student enrollment, restrictions on revenues, increased costs or any other action, event or condition that may cause the District's current or projected budget to be insufficient to adequately meet the District's current or projected needs. A fiscal exigency may exist based solely upon current revenue and expenditure projections.
Fiscal exigency means any material decline in the ability of the Board to fund the operation of the School. A fiscal exigency may exist based solely upon current revenue and expenditure projections.
Fiscal exigency means any significant decline in the Board of
Fiscal exigency means any significant decline in the Board of Education's ability to fund the operation of the district as a result of a decline in student enrolment, restriction on revenues, increased costs or any other action, event or condition that may cause the district’s current or projected needs. A fiscal exigency may exist based solely upon current revenue and expenditure projections.
Fiscal exigency means any significant decline in the Board of Education's ability to fund the operations of the district as a result of a decline in student enrollment, restrictions on revenues, increased costs or any other action, event or condition that may cause the district's current or projected budget to be insufficient to adequately meet the district's current or projected needs. A fiscal exigency may exist based solely upon
Fiscal exigency means any significant decline in the Board of Education’s ability to fund the operations of the district as a result of a decline in student

Related to Fiscal exigency

  • State Fiscal Year means the period beginning September 1 and ending August 31 each year, which is the annual accounting period for the State of Texas.

  • Fiscal Year means the fiscal year of the Company.