Fiscally constrained definition

Fiscally constrained means, consistent with DOT’s metropolitan transportation planning regulations at 23 CFR Part 450.
Fiscally constrained means that full funding is reasonably anticipated to be available within the time period contemplated for completion of the projects in the transportation plan or in the transportation improvement plan in accordance with the metropolitan planning regulations at 23 CFR Part 450.
Fiscally constrained means that the funding for the project is reasonably expected to be available, and if it is in the first two years of the Transportation Improvement Program (TIP) in a nonattainment or maintenance area, funding for the project is available or committed. A P3 project may be “reasonable” if there are clear expressions of support by appropriate local/regional decision makers and a strategy exists for securing necessary approvals. Other indicators of “reasonableness” include if a State or local jurisdiction has had past success in implementing P3s, the State has P3-enabling legislation in place, or efforts are underway to enact legislation. http://www.fhwa.dot.gov/planning/guidfinconstr_qa.cfm (accessed on September 20, 2015)

Examples of Fiscally constrained in a sentence

  • Fiscally constrained applies to projects listed in the TIP and it means demonstrating an assurance that there will be sufficient funds (federal, state, local and private) to implement proposed transportation system improvements.

  • Fiscally constrained localities are privileging commercial develop- ment as the highest use in order to boost tax revenue (e.g., sales and hotel occupancy taxes).

  • December 3, 2009 SC Board of Accountancy Page 3 MOTION Mr. Hobbs made a motion the Board return to public session.

  • Fiscally constrained means the region should account for revenues "that can reasonably expect to be received" over the 20-year plan.

  • Fiscally constrained long-range transportation plans, TIPs, and federally-funded projects in nonattainment and maintenance areas must conform to the SIP.

  • Fiscally constrained governments loose popularity and this is particularly true when restrictive fiscal measures and fiscal consolidation programs are implemented in countries experiencing a high degree of income inequality.

  • Fiscally constrained governments, unable to provide subsidies to make up for the difference end up relying heavily on donors to finance investments.Local public budget is hardly an alternative as most of LSG face a significant mis- balance between their large spending responsibilities and little revenues.

  • Nellis,Supervisor, Town of Eden Fiscally constrained municipalities can control costs by sharing equipment purchases and operating expenses.

  • Revenue forecasting Fiscally constrained long-range transportation plans must reflect financial resources that are expected to be reasonably available over the time period of that plan.

  • Fiscally constrained projects and strategies are projects that can be implemented using committed, available, or reasonably available revenue sources.1 Fiscally unconstrained projects and strategies are conceptual transportation improvements without an identified funding source and may be funded if reasonable additional resources become available.2 In addition to the funding status categories, there are three types of transportation improvements or actions: programmed, planned, and conceptual.

Related to Fiscally constrained

  • Environmentally constrained area means the following areas where the physical alteration of the land is in some way restricted, either through regulation, easement, deed restriction or ownership such as: wetlands, floodplains, threatened and endangered species sites or designated habitats, and parks and preserves. Habitats of endangered or threatened species are identified using the Department's Landscape Project as approved by the Department's Endangered and Nongame Species Program.

  • Specially constructed vehicle means any vehicle that was not originally constructed under a

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Caribbean Basin country construction material means a construction material that—

  • Medically confirmed means the medical opinion of the attending physician has been confirmed by a consulting physician who has examined the patient and the patient's relevant medical records.

  • WTO GPA country construction material means a construction material that—

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Designated country construction material means a construction material that is a WTO GPA country construction material, an FTA country construction material, a least developed country construction material, or a Caribbean Basin country construction material.

  • Pipeline Construction means a substantial disturbance to agricultural land associated with installation, replacement, removal, operation or maintenance of a pipeline, but shall not include work performed during an emergency. Emergency means a condition where there is clear and immediate danger to life or health, or essential services, or a potentially significant loss of property. When the emergency condition ends, pipeline construction will be in accordance with these rules.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Commenced Construction means (a) all of the following site preparation work is completed: ingress and egress routes exist; the site on which the Project will be located is cleared and graded; there is power service to the site; footings are prepared; and foundations have been poured consistent with purchased equipment specifications and project design; or (b) the following financial commitments have been made: (i) (A) an engineering, procurement, and construction contract (“EPC”) has been executed by all parties and is effective; or (B) contracts (collectively, “EPC Equivalents”) for all of the following have been executed by all parties and is effective: (1) project engineering, (2) procurement of all major equipment, and (3) construction of the Project, and (ii) the cumulative payments made by the Developer under the EPC or EPC Equivalents to the counterparties to those respective agreements is equal to at least thirty (30) percent of the total costs of the EPC or EPC Equivalents.

  • General purpose cleaner means a product designed for general all-purpose cleaning, in contrast to cleaning products designed to clean specific substrates in certain situations. General purpose cleaner includes products designed for general floor cleaning, kitchen or countertop cleaning, and cleaners designed to be used on a variety of hard surfaces and does not include general purpose degreasers and electronic cleaners.

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • Limited Resource Constraint means, for the 2017/2018 Delivery Year and for FRR Capacity Plans the 2017/2018 and Delivery Years, for the PJM Region or each LDA for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for a Delivery Year, a limit on the total amount of Unforced Capacity that can be committed as Limited Demand Resources for the 2017/2018 Delivery Year in the PJM Region or in such LDA, calculated as the Limited Demand Resource Reliability Target for the PJM Region or such LDA, respectively, minus the Short Term Resource Procurement Target for the PJM Region or such LDA, respectively.

  • Least developed country construction material means a construction material that—

  • General purpose equipment means equipment, which is not limited to research, medical, scientific or other technical activities. Examples include office equipment and furnishings, modular offices, telephone networks, information technology equipment and systems, air conditioning equipment, reproduction and printing equipment, and motor vehicles.

  • Existing construction means any structure for which the "start of construction" commenced before the effective date of the initial floodplain management code or ordinance adopted by the community as a basis for that community's participation in the NFIP.

  • laws relating to native title means laws applicable from time to time in Western Australia in respect of native title and includes the NTA;

  • Begin actual construction means, in general, initiation of physical on-site construction activities on an emissions unit which are of a permanent nature. Such activities include, but are not limited to, installation of building supports and foundations, laying of underground pipework, and construction of permanent storage structures. With respect to a change in method of operation, this term refers to those on-site activities, other than preparatory activities, which mark the initiation of the change.

  • Commence Construction means that an owner or operator has either undertaken a continuous program of construction or has entered into a contractual obligation to undertake and complete, within a reasonable time, a continuous program of construction.

  • General-Purpose Software means Software that supports general-purpose office and software development activities and is identified as such in Appendix 4 of the Contract Agreement and such other Software as the parties may agree in writing to be General-Purpose Software. Such General- Purpose Software may include, but is not restricted to, word processing, spreadsheet, generic database management, and application development software.

  • Original construction ’ shall mean the first or initial construction

  • Contribution in aid of construction, as used in this subrule, means a nonrefundable cash payment grossed-up for the income tax effect of such revenue covering the costs of a distribution main extension or service line that are in excess of costs paid by the utility. The amount of tax shall be reduced by the present value of the tax benefits to be obtained by depreciating the property in determining the tax liability.

  • similar stage of construction means the stage at which:

  • Land disturbing construction activity means any man-made alteration of the land surface resulting in a change in the topography or existing vegetative or non-vegetative soil cover, that may result in runoff and lead to an increase in soil erosion and movement of sediment into waters of the state. Land disturbing construction activity includes clearing and grubbing, demolition, excavating, pit trench dewatering, filling and grading activities.

  • Conditions of Use means these terms and conditions as may be varied by us from time to time.