Budget Formulation Clause Samples
Budget Formulation. DSW and the Parties shall review and discuss WAPA HQ and DSW budget estimates including, but not limited to, variance reports prior to submission to DOE. The review and comment process for WAPA HQ and DSW budget estimates including, but not limited to, variance reports shall be done according to the schedule included herewith at Attachment __. WAPA HQ shall work with DSW to provide the Parties with updated information on the costs and capital project needs and balances of Unobligated Balances. WAPA HQ shall prepare an annual report, allocated by Region, Project and funding source (appropriations, Prepayments, trust and any other funding source) for the purpose of identifying and maintaining adequate balances for reserves for each Region and adequate funding of the Desert Southwest Region System. DSW shall cooperate with the Parties on the development and implementation a DSW-specific Unobligated Balance strategy to reflect the budget, rates, revenues, TYP, Capital RRADs, and the other amounts included in the Unobligated Balances retained to operate the Desert Southwest Region Systems in emergencies and other situations, as provided for in Attachment __ hereto. In reporting on the status of Unobligated Balances, DSW shall identify the funding source for any Unobligated Balances, anticipated program allotment, and the underlying authority for the source of such funding, including but not limited to Prepayments, trust funding, and emergency appropriations. DSW shall report which Unobligated Balances are attributable to programs under the jurisdiction of DSW and any Unobligated Balances attributable to WAPA HQ but allocable to DSW programs.
Budget Formulation. The Operating Board will adopt TRRWA’s budget, which must be formulated in a manner consistent with the relevant budget processes employed by each Member. The budget adopted by the Operating Board is subject to ratification by the Board of Directors. TRRWA will submit each Member’s proportionate share of TRRWA’s budget to that Member’s legislative authority for incorporation into the Member’s sewer enterprise fund budget.
Budget Formulation. Strengthen the Recipient’s capacity to formulate and integrate its budget, including: (a) improving budget coverage; (b) strengthening control over expenditures formulation; (c) developing a medium term macroeconomic-fiscal framework; (d) strengthening debt forecasting, financing analysis, and payment management; (e) redesigning the budget and accounts classification system; (f) piloting a program-based budget structure; (g) redesigning the budget formulation process and calendar; (h) strengthening budget formulation; and (i) strengthening expenditure tracking techniques. Part C: Budget Execution
1. Support the development of the Recipient’s financial management system and processes, including: (a) establishing a financial management information system; and (b) providing computer hardware and software.