Finance and Budget. Each district participating in or wishing to participate in the cooperative shall inform the OESD Special Services Director by March 1st of the current year, the percentage of an FTE of a specified related service provider, teacher, or other services the district wishes to purchase from the Special Education and Related Services Cooperative for the following school year. Upon receipt of this request, the OESD Special Services Director shall inform the Advisory Council, in writing, of the request for services. Funds to cover mileage and travel expenses as well as materials required for each provider to perform their job related duties have been built into the annual budget for each position. Materials purchased shall be the property of the OESD to be used solely for the purpose of providing services to districts who participate in the Special Education and Related Services Cooperative. Funds have also been included for the related service providers and teachers to attend trainings to learn new techniques, research and trends in their individual fields in order to provide professional development to the district staff to improve their practice and service delivery. Professional development provided by the OESD related service providers and teachers shall be delivered free of charge to districts who participate in the cooperative and for a fee to all non-participatory districts.
Finance and Budget. Goal: Ensure the integrity of the budgeting and financial reporting process and operational efficiencies. Key Action Items:
Finance and Budget. The Participating Parties shall not be required to provide financial support to the Institution / Organization beyond voluntary contributions, nor shall they be responsible, individually or collectively, for any debts, liabilities or obligations of the Institution (Participation in the Euclid Educational Framework, Article II)
Finance and Budget. The City agrees to contribute Sixty Thousand Dollars ($60,000.00) in funding toward the Mental Health Director position. This funding will be distributed in two installments, one in July 2019 and one in January of 2020 after an update of the strategic plan is given to Park City Council. The County shall send the City an invoice for Thirty Thousand Dollars ($30,000.00) which the City agrees to pay within thirty (30) days of receipt if the strategic plan update has been given for the six month period. This financial contribution shall only be used for the salary and/or benefits of the Mental Health Director position. If the County terminates or uses this position for other duties and responsibilities outside that of those outlined in the job description (Addendum 1), this MOU will be terminated.
Finance and Budget. Provide financial assurance of ability to cover start-up costs, initial liabilities and expenses in a fiscally sound manner: including bank statements, letters of pledge, and other sources as required by the Sponsor by 7/1. Submit proposed budget by 7/1. Submit final budget by 9/15 (if the proposed budget needs revisions); and mid-year budget modification by 1/30 (if one exists). * Provide evidence of banking arrangements established with appropriate signatures (representatives of the governing board) and other authorized personnel by 7/1. Provide Letter of engagement from Certified Public Accountant or audit firm who will provide audit services annually by 6/1 Complete Sponsor supplied instruction for electronic payments via ACH, and provide W-9 form and paymode verification of completion by 7/1 Provide a description of internal review procedures and establishment of controls updated from the original application to ensure financial resources are properly managed by 7/1. Provide minutes of the School’s governing board’s approval of the annual audit (and findings and recommendations) at the Board’s next scheduled meeting after the final audit report has been issued, but no later than 12/30.* Provide a complete copy of the Form 990 (and all schedules and attachments) filed with the IRS by November 30; provided, however, if School receives an extension to file the Form 990, School shall provide a complete copy of the Form 990 within thirty (30) days of filing with the IRS. Alternatively, provide a copy of the IRS written confirmation Form 990 is not due.* Upon the reasonable request of the Sponsor (which request shall not be made more frequently than monthly), provide evidence of payment of payroll taxes for School-employed employees.
Finance and Budget. No special budget or funds are anticipated, nor shall any be created. The Parties are each responsible for their own finances in connection with this Agreement, and nothing in this Agreement shall be deemed or construed otherwise.
Finance and Budget. The AESD Network annual budget will be developed collaboratively by the Executive Director and Leadership Council Chair. The Executive Director will present the proposed annual budget to the Leadership Council and AESD Executive Board for input. The presentation will include recommendations for Network staffing, the proposed administrative fee for the Administrative ESD, the annual contribution amount requested from each ESD member organization, and strategies for implementing Network Initiatives. The AESD Executive Board shall provide input on the annual AESD Network operating budget, including the proposed annual ESD assessment, in advance of adoption of the annual Network budget by the Leadership Council. Once adopted, the budget will be presented to the Administrative ESD’s Board of Directors for integration into the overall ESD’s annual operating budget. The AESD Network budget will be subject to audit as part of the Administrative ESD’s annual audit.
Finance and Budget. The expenses and costs of operating the Agency for the provision of the necessary fire protection, emergency response and emergency medical services shall be borne and paid for by the public entities forming the Agency and as fairly as possible commensurate with the number of people served, fiscal capacity and use of service, and shall be apportioned upon the assessed value of each area being served, the average annual total number of emergency calls of the area, and the population of the area served for each public entity as formulated below: Share of costs = %AV + %TC + %Pop Where: AV = Assessed value of real estate in area served TC = Average annual total emergency calls in area served Pop = Population of area served The formula shall be recalculated annually. Each township which is a party to this Agreement shall contribute its share of the financial support by levying a tax as necessary to meet its share and as authorized by law and each city shall appropriate to its emergency service activity account a sum sufficient to meet its share of the Agency's costs. Each township will pay into the Agency its share of the costs as township tax funds are received from the _____________________ County Treasurer on a schedule defined in the Agency’s Policies and Procedures. Each city will pay into the Agency its share of the costs as city tax funds are received from the _____________________ County Treasurer on a schedule defined in the Agency’s Policies and Procedures. Prior to the annual meeting of the Agency, the Board of Directors shall prepare and tentatively adopt a budget for the fiscal year that starts July 1 next following the annual meeting. The budget shall be submitted to the public entities at least ten (10) days prior to the annual meeting. The budget shall be finally adopted and approved by the participating Board at the annual meeting of the Agency.
Finance and Budget. The City of San Xxxx and District will mutually agree to the terms of reimbursement. Upon the District’s receipt of funding for each fiscal year, the monies will be budgeted and allocated as follows:
Finance and Budget. Objective: Ensure the integrity of the financial reporting and budgeting process and increase operational efficiencies. • FY 2022-2023 Action Items: o Continue working with the City of San Xxxxxx, which serves as the agency’s fiscal agent, on improvements to the financial and accounting practices of the agency. o Review all activities and programs to determine those that are most effective and those that are underperforming based on performance measurements adopted. o Develop and seek approval for a reserve policy. Establishing a policy and working to achieve compliance is called out in Strategic Plan 2025. o Determine next steps in office location and lease terms. The current office lease expires in August 2023. It is currently uncertain whether an extension is possible or desirable. Governance • Objective: Ensure that the agency is governed in accordance with all laws and that all stakeholders are provided with the tools and training they need to perform their roles effectively.
