Fiscal procedures. (1) An agreement to pay a fixed amount for any release and settlement agreement, license agreement or assignment, by either a lump-sum payment or an amount determinable at the time of contract execution, is subject to the provision that the fixed amount to be paid may not exceed the funds available for the purpose. Prior to incurring any obligation, officials charged with making such agreements shall submit the proposed agreements to the cognizant finance and accounting officer for verification of the availability of funds. The following statement shall be included on the face of the agreement: “The supplies and services obtained by this instrument are authorized by, are for the purpose set forth in, and are chargeable to the following allotments; and available balances are sufficient to cover the cost of the supplies and services.”
Fiscal procedures. (a) On or before the last day of February annually, the Committee shall submit to the governing boards of Participating Entities a recommended annual budget prepared pursuant to N.C.G.S. 160A-462, meeting all applicable requirements of the Local Government Finance Act and in accordance with the following:
Fiscal procedures. There shall be advanced with the authorization of the department, from the State Treasury to the secretary, prior to the first day of each month, an amount equal to the secretary's estimate of state supplemental benefits authorized pursuant to this Part for such month corrected for any adjustments resulting from benefits relating to any other month. The department shall conduct, at least once each fiscal year, an audit of such benefits paid by the secretary on behalf of the State. [PL 1973, c. 790, §3 (NEW).] An agreement shall specify procedures for making payments to the secretary and limitations on such payments, limits on state supplemental payments for patients in health care facilities, provision for recoupment of overpayments, or payments unlawfully procured, of state supplementary payments, adjustments against future state payments on account of such recoupment, and any other fiscal and quality control provision deemed advisable by the department. [PL 1973, c. 790, §3 (NEW).] SECTION HISTORY PL 1973, c. 790, §3 (NEW).
Fiscal procedures. SPS is committed to ensuring sound fiscal procedures. As part of this commitment, SPS will adopt fiscal procedures to safeguard school assets and resources and procedures surrounding purchasing requirements, as stated by UCA § 63G-6 and Administrative Rule R33.
Fiscal procedures. Specify how and when payments are to be made and procedures for record keeping and reporting Provide for periodic review and adjustment of rates Spell out methods for preparing, submitting, and approving budget and the duties of those who receive or pay funds Budget – A detailed statement and breakout of the total funds to be reimbursed to the contractor. SAMPLE BUDGET STATEMENT
Fiscal procedures. A. Contractor shall assume all liability for any Drug/Medi-Cal disallowances and agrees to reimburse County for all claims so refused for reimbursement.
Fiscal procedures. (1) In administering its Federal Xxxxxxx Loan program, an institution shall establish and maintain an internal control system of checks and balances that ensures that no office can both authorize payments and disburse funds to students.
Fiscal procedures. The Board shall follow standard procedures in accounting for all receipts and disbursements of funds of the NCRWMO. The Treasurer shall keep a record of receipts and disbursements, and shall report on all financial transactions and unpaid claims that shall be submitted in writing at Board meetings. The Board shall approve all purchases and claims before payments may be made. Claims shall be paid as promptly as possible. In no event shall there be a disbursement of NCRWMO funds without the signatures of at least two (2) Managers. In no event shall a wire transfer be made by the NCRWMO.
Fiscal procedures. The VA facility will establish an estimated fiscal obligation in advance of each month or each quarter, based on the schedule of resident assignments provided by the affiliate and approved by the VA facility. The disbursing agent will submit a monthly (or quarterly) invoice, using the VA Electronic Invoice Processing Platform. For each training program, in advance of submitting a final invoice, the disbursing agent will provide to the VA DEO a ‘pre-invoice’ for reconciliation containing the following information: The number of residents by PGY level, the number of days per month spent in VA- assignments based upon the percent (%) of VA-assigned educational activities for those residents during the month or rotation. NOTE: Individual resident determinations may but need not be shown on the ‘pre-invoice’; however, if individual residents are not provided, the basis for these calculations must be available in order to understand or resolve any discrepancies with VA records. The aggregate number of days times the per diem rate (specified on the invoice) by each PGY level by program equals the subtotal amount being charged for the training program (sum of all PGY subtotals for a given program), and the total charge (sum of all program subtotals). The VA facility will reconcile the ‘pre-invoice’ against VA educational activity records. The final reconciled invoice submitted for payment does not need to contain the names or other identifiers of individual residents. The reconciled ‘pre-invoice’ must be kept on file at the VA as documentation and verification of accurate billing amounts and payments. Alternatively, the DEO or education office may calculate the amount to be paid based on the educational activity, reimbursable days, and rate schedules to generate a payable amount. This amount is submitted to the Disbursing Agent as the basis for the generation of an invoice from the Disbursing Agent. The disbursing agent may compare that amount provided by the education office with their calculated receivable amount to determine any discrepancies. If any discrepancies are noted between the two amounts, the disbursing agent will confer with the DEO to arrive at a resolution. Note: VA educational activity records are the sole determinant of whether VA activities were performed as billed. VA records are the controlling documentation, and unsubstantiated claims will not be paid.
Fiscal procedures. 1. In administering its VA Work Study program, the 154AF shall establish and maintain an internal control system of checks and balances to ensure that no office can both authorize payments and disburse funds to students.
