Funding Levels. Funding will be allocated in a transparent and equitable manner and will be approved pursuant to the following established maximum funding levels:
Funding Levels. The LCWDB agrees to reimburse Subrecipient for actual Services rendered, pursuant to the terms and conditions of this Agreement. Funds available for reimbursement by LCWDB to Subrecipient are sometimes referred to herein as “Program Funds.” • The total amount of Program Funds payable to Subrecipient shall not exceed the total sum of amounts approved in this Agreement. • Additional funding may become available to Subrecipient if LCWDB determines that additional Program Funds are available for use during this Agreement period. • Funding decreases may be made if the LCWDB must reduce funding that is available under this Agreement. Funding decreases may include, but are not limited to the following: o The funds actually appropriated from a specified fund source are less than anticipated by the LCWDB. o The funds appropriated from a specified funding source become unavailable due to a funding reduction by the funding source. o LCWDB approves the transfer or division of funds among multiple subrecipients. • Allocated Program Funds that are unexpended, uncommitted, or unencumbered as of the termination date of the Agreement shall automatically lapse as of that date. o If, under this Agreement, LCWDB makes a payment to the Subrecipient that is subsequently determined to be uncommitted and unexpended as of the termination date of the Agreement, the Subrecipient shall return said payment to LCWDB within thirty (30) days of date of termination. Annually, LCWDB will set aside funds received from WIOA Adult, Dislocated Worker, and Youth programs, and DHS Employment Advancement and Retention Network (EARN) funds to support regional activities, including funding for Individual Training Accounts (ITAs), and On the Job Training (OJT) contracts. Infrastructure commitments to support the Resource Sharing Agreement Budgets (RSAB) are not set aside by the LCWDB. The RSAB includes the core information technology infrastructure at the PA CareerLink® location including the network, firewalls, and internet connection as well as workstations for use by the program participants and the general public in the Career Resource Areas and shared workshop rooms. AFA-SUBRECIPIENT PAGE 10 OF 31
Funding Levels. The Cash Contributions transferred pursuant to Sections 4(B)(1)(c), 4(B)(1)(d), or 4(B)(1)(f) shall be returned if the funding levels of 75 percent, 85 percent, or 95 percent for 75 Habitat-built or Habitat-contracted ADUs within the Project fall below those milestones before at least one certificate of occupancy is issued by the County for a Habitat-built or Habitat-contracted ADU within the Project.
Funding Levels. Allocation: The funding level for a federal fiscal year depends on actions taken at the federal level. Additionally, the allocation is based on a formula and the level may fluctuate based on population and other factors. The estimated funding level for the current fiscal year is based on the history of funding levels. Final grant awards are made when the actual HUD allocation is known. Funding Period: Funding recommendations for applications are generally made late March or early April. In recent years it has been later, as it is dependent on congressional and presidential approval of a federal budget. In 2021, the HUD allocation was received in late- February. Grant agreements between the state and HUD are generally not finalized until August or September. In 2019, the agreement was not finalized until late November. Projects must be able to be implemented as soon as possible after the grant award, July 1st. The first draw request is due within nine months of grant award (March 31st). Planning grants are funded for a 12-month period; construction grants are funded for a 24-month period. Grants may be extended if not completed within the original funding period. Requests for extensions are submitted to the CDBG Program Administrator for review and approval by the Director of Rural Community & Economic Development.
Funding Levels. The funding levels referred to in this document, are full year funding levels, although this Service Level Agreement only covers a period of six months. These funding levels are considered to be indicative figures only, to represent the level of service to be received by Torbay Care Trust. The arrangements for the termination of any of these services is covered by section 14 of the Partnership Agreement.
Funding Levels. The annual contract funding for the delivery of services may be reduced depending upon the anticipated rate of Unit of Service completion. The AGENCY may be subject to a decrease of funds if units are not being claimed at the anticipated rate. The anticipated rate of units claimed should be consistent over the term of this Contract, unless otherwise provided. The formula for reduction of funds/Units of Service shall be as follows: • At one quarter of the annual service period the AGENCY shall have claimed a minimum twenty percent (20%) of their anticipated rate of Unit of Service. If the minimum has not been reached, funding may be reduced by ten percent (10%) of the Units of Service allocated for that service period. • At one half of the annual service period the AGENCY shall have claimed a minimum forty percent (40%) of their anticipated rate of Unit of Service. If the minimum has not been reached, funding may be reduced by fifty percent (50%) of the Units of Service allocated for that service period. • At three quarters of the annual service period the AGENCY shall have claimed a minimum seventy-five percent (75%) of their anticipated rate of Unit of Service. If the minimum has not been reached, funding may be reduced by one hundred percent (100%) of the unspent units allocated for that service period. Any decrease of funding for any of the AGENCY’S contracted programs for failure to utilize at anticipated rate may be approved by the DEPARTMENT’S Director.
