Foundation allowance definition

Foundation allowance means a school district’s foundation allowance as calculated under section 20 of the state school aid act of 1979, MCL 388.1620.

Examples of Foundation allowance in a sentence

  • Note: Foundation allowance is defined throughout this contract as the state appropriated per pupil funding amount upon which the base funding for the school district is calculated using the blended pupil count for each respective year.

  • Foundation allowance to improve instructional programs, instructional technology, and teacher and leader induction and professional growth.

  • Once a final Foundation allowance is announced the parties will reconcile the difference.

  • In the event that the Foundation Allowance in any year of this agreement enacts a zero (0%) increase, or if the Foundation allowance to the district is cut (reduced), both the district and the association will meet to discuss cost-saving measures and solutions to protect employee compensation and the financial health of the district to the fullest extent possible.

  • Foundation allowance for other current expense and substitute employees and faculty senates.

  • For the year ended June 30, 2011, the Foundation allowance was based on pupil membership counts taken in February and September of 2010.

  • Economic Factors and Next Year’s Budgets and Rates (Continued)The following factors were considered in preparing District‘s budgets for the 2010-2011 fiscal year: * Foundation allowance of $7,505.* Student enrollment increase of 0 students.* State aid membership count based on 75% September and 25% prior February blend.* Staff salary increase of 0%.

  • Per capita consumption1 and gross value of industrial and agricultural outputs are used as a measure of income.

  • The calculation is as follows: 2008-2009 Retirement Rate Benchmark = 15.87% multiplied by the percentage increase in the State Per Pupil Foundation allowance for South Lyon Community Schools from 2007-2008 to 2008-2009, in excess of $7,259.

  • For the year ended June 30, 2010, the Foundation allowance was based on pupil membership counts taken in February and September of 2009.

Related to Foundation allowance

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • PHARMACY ALLOWANCE means the lower of:

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Disability allowance means monthly payments during

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Maximum medical improvement means a point in time when any medically

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Rear Yard means a yard extending across the full width of a parcel measured perpendicularly from the rear wall(s) of the main building situated on the parcel to the rear property boundary of the parcel [see sketch in Schedule B];

  • Class Expenses means the expenses of registering a Class in any jurisdiction or with any stock exchange, regulated market or settlement system, and all other expenses arising from such registration and such further expenses howsoever arising as may be disclosed in the Prospectus. The cost of converting currency and the costs and gains/losses of the hedging transactions are borne solely by the relevant Class.

  • main phase employment and support allowance means an employment and support allowance where the calculation of the amount payable in respect of the applicant includes a component under section 2(1)(b) or 4(2)(b) of the Welfare Reform Act 2007 except in Part 1 of Schedule 1;

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Allowance means compensation payable to an employee in addition to his regular remuneration payable for the performance of the duties of his position;

  • Credit allowance date means with respect to any qualified equity investment:

  • Public improvement costs means the costs of: