Nonrecurring expenditures definition

Nonrecurring expenditures means the acquisition or construction of capital outlay projects as
Nonrecurring expenditures means the acquisition or construction of capital outlay projects as defined in § 2.2-1518, the acquisition or construction of capital improvements, the acquisition of land, the acquisition of equipment, or other expenditures of a one-time nature as specified in the general appropriation act.
Nonrecurring expenditures means the acquisition or construction of capital outlay projects as defined in §2.2-1503.2, the acquisition or construction of capital improvements, the acquisition of land, the acquisition of equipment, or other expenditures of a one-time nature as specified in the general appropriation act. Such term shall not include any expenditures relating to transportation, including but not limited to transportation maintenance.

Examples of Nonrecurring expenditures in a sentence

  • Non-recurring expenditures are expenditures that are allowable but will not be repeated annually.

  • Non-recurring expenditures should be described in Section L below.

  • Financial Aid Lock DateFinancial aid is awarded to students based on their enrollment status in at the time of the “lock date.” The “lock date” is the date in which a snapshot is taken of the number of credits you are registered for on that date.

  • Use of award funds must be determined jointly by the school’s staff and school advisory council, and must be used for the following:• Nonrecurring financial incentives to the instructional personnel and staff;• Nonrecurring expenditures for educational equipment or materials to assist in maintaining and improving student performance; or• Other personnel for the school to assist in maintaining and improving student performance.

  • Non-recurring expenditures, typically in the form of debt service or capital lease payments, are made from Fund 30.

  • In the discharge of any duty imposed or power conferred on Directors, they may in good faith rely on information, opinions, reports, or statements, including financial statements and other financial data, concerning the Corporation or another person that were prepared or presented by a variety of persons, including officers and employees of the Corporation, professional advisors, or experts such as accountants or legal counsel.

  • Non-recurring expenditures are one-time costs such as acquisitions or replacements of capital assets.

Related to Nonrecurring expenditures

  • Capital Expenditures means, with respect to any Person for any period, the aggregate amount of all expenditures (whether paid in cash or accrued as a liability) by such Person during that period for the acquisition or leasing (pursuant to a Capital Lease) of fixed or capital assets or additions to property, plant, or equipment (including replacements, capitalized repairs, and improvements) which should be capitalized on the balance sheet of such Person in accordance with GAAP.

  • local expenditures means expenditures in the currency of the Borrower or for goods or services supplied from the territory of the Borrower; and

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.