Quarter Budget definition

Quarter Budget means a budget in respect of a quarter of the Group, setting forth, among other things, the projected budget for operation of each major business segment and payments projected to be made in connection thereto, including without limitation transactions set forth in paragraphs 14 to 18 of of SCHEDULE A hereto.
Sample 1Sample 2Sample 3

Examples of Quarter Budget in a sentence

  • On 17 November 2015, Council adopted the 2015/2016 September Quarter Budget Review with an accounting surplus of $1.41 million which is $7.71 million less than the 2015/2016 Adopted Budget largely due to the early receipt of half of the 2015/2016 Federal Financial Assistance Grants in 2014/2015.

  • On 19 April 2016, Council adopted the 2015/2016 March Quarter Budget Review with revenue of $122.02 million, expenditure of $119.98 million and an operating surplus of$2.04 million.

  • Staff advised committee that request will be presented to the Board in November via the First Quarter Budget Report.

  • The attached Departmental Third Quarter Budget report summarizes Foothill Transit’s expenditures through the third quarter and provides a forecast to complete the fiscal year.

  • The September Quarter Budget Review provided for capital works of $38.83 million.

  • Since this time the September Quarter Budget Review, the Mid-Year Budget Review and the March Quarter Budget Review have been completed and approved by Council.

  • Council Officers involved in producing this report Author: Acting Team Leader Corporate Accounting Proof reader(s): Acting Director Business Approved by: Acting Director Business Executive SummaryThe report presents the draft forecast financial performance for the 2015/2016 financial year compared to budget based on the September Quarter Budget Review forecast submitted by Responsible Managers.

  • The forecast decrease in accounting surplus of $5.35 million was mainly due to the timing of payments for Building Better Regional Cities Mooroopna West Rebates ($2.52 million) and the Goulburn Broken Greenhouse Alliance Street Lighting Project ($1.72 million).The 2014/2015 September Quarter Budget Review also included $38.83 million in capital works, a forecast increase of $ 1.41 million mainly due to re-budgeted prior year projects.

  • City Treasurer Stephenie Cagle presented the 2nd Quarter Budget Amendments.

  • The 2014/2015 Budget also provided for capital works of $37.42 million.On 28 October 2014, Council adopted the 2014/2015 September Quarter Budget Review with revenue of $121.67 million and expenditure of $117.78 million resulting in an accounting surplus of $3.89 million for the full financial year.

Related to Quarter Budget

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Approved Budget means an annual budget-

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • Operating Budget has the meaning given in Section 3.11(a).

  • Annual Operating Budget as defined in Section 6.2(c).

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Project Year means the twelve-month period beginning from the Effective Date and ending twelve months thereafter (the First Project Year), and any twelve-month period beginning at the end of the First Project Year, or the end of subsequent Project Years;

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • Development Budget has the meaning set forth in Section 3.1.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Business Plan means the information required to be supplied to the

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.