Budget Change Sample Clauses
Budget Change. During the Project Period, the Recipient shall notify the City of any changes to the Project budget by submitting a new Budget Request, in the form of Schedule “A”. Any change to the budget will not increase the Funding.
Budget Change. The Budget Change should outline what is being changed, where it is going to and the amount being changed. For example, transferring $15,000 from Year 3 maintenance to Year 3 travel. For multiple changes, across different years and items, there should be a separate line for each change. Grant – Scope Change (if relevant) If a Grant – Scope Change is required, details on what is being removed or added to the Grant and how funds will be changed to cover the change needs to be listed. It should refer to the original Grant, so scope changes can be easily identified. Please see instructions for ▇▇▇▇▇ – Scope Changes for examples of when this is needed.
Budget Change. The Budget Change should outline what is being changed, where it is going to and the amount being changed. For example, transferring $15,000 from Year 3 maintenance to Year 3 travel. For multiple changes, across different years and items, there should be a separate line for each change. If a Grant - Scope Change is required, details on what is being removed or added to the Grant and how funds will be changed to cover the change needs to be listed. It should refer to the original Grant, so scope changes can be easily identified. Please see instructions for ▇▇▇▇▇ – Scope Changes for examples of when this is needed. Up to 500 words should be entered into the justification outlining the budget changes and any additional changes. Supporting documentation should only be attached if requested. The details of the request must be listed within the justification. For further details on how to complete a Budget Change line please refer to Appendix B of these instructions.