Common use of BUDGET IMPLICATIONS Clause in Contracts

BUDGET IMPLICATIONS. 10.4.1 Recognizing program changes are a School Board decision, the Association will have authentic participation and a significant voice in collaborative discussions of potential district budget reductions. In the event the Legislature substantially reduces District funds or there is any major financial setback to the District (e.g. substantial enrollment decline, double levy failure, substantial loss of levy equalization funding, etc.), this Agreement shall be subject to reopening for the purpose of bargaining on the various monetary items included herein, at the request of either party.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.