Examples of Provincial Payment in a sentence
Inquiries and event proposals can be sent to MRDT@destinationbc.ca Schedule BSponsorship Payments and Payments to the Designated Recipient Of 3% MRDT Revenue Provincial Payment to the Designated RecipientThe following table illustrates how the Province will calculate the monthly payments it makes to the Designated Recipient in accordance with the Provincial Sales Tax Act and with this undertaking to sponsor the provincial Tourism Events Program, as may be amended from time to time by the Province.
For components of the Provincial Payment which are not one-time or time-limited, unless expressly directed by the Province, on an annual basis for the calendar years 2019 to 2025, the City shall allocate to the County an annual Base Allocation based on the preceding year’s Base Allocation, increased or decreased proportionate to the annual increase or decrease in these components of the Provincial Payment to the City as Designated Service Manager.
For components of the Provincial Payment which are not one-time or time-limited, unless expressly directed by the Province, the City shall allocate to the County a 2018 Base Allocation, which shall be based on the County’s 2017 Base Allocation, increased or decreased proportionate to the total 2018 increase or decrease in these components of the Provincial Payment to the City as Designated Service Manager.
To the extent that the Province executes and delivers a Commitment in Lieu under this subsection 3.9.2, the Province agrees to comply with the provisions of section 6.1 in respect thereof.3.9.3 Conditions Precedent to Each Provincial Payment.
For components of the Provincial Payment which are one-time or time-limited, such as capital projects, building projects or other one-time or time-limited funding components, the portion of the Provincial Payment allocated to the County shall be determined by the Designated Service Manager considering Child Care service needs in the County and the City but ultimately, by prioritization of all competing Child Care service needs in the Service Delivery Area given funding constraints.
After consulting with the County, the City shall determine an appropriate Base Allocation for any funding components that were previously one-time or time-limited but have become a confirmed ongoing component of the Provincial Payment.
For the termof this Agreement, the City shall allocate to the County portions of the annual Provincial Payment and portions of any new or additional in year funding on a pro rata basis as determined by the City based upon the Caseload of the City and the County.
During the term of this Agreement, an annual reconciliation of the Provincial Payment for the previous year shall be made by the City to reflect the actual Costs associated with the actual Caseload of the County during each calendar year of this Agreement.