Funding Uses and Sources Sample Clauses

Funding Uses and Sources. The HCCRF shall be used to offset health care costs that exceed the budgeted costs in any fiscal year. Budgeted costs are those costs budgeted each year and are the Employer’s best estimate of expected costs based on good faith projections compiled by the Employer’s independent consultant. Budgeting shall be based upon a five (5) year rolling average of covered Employees. The HCCRF fund shall also be used to offset increased budgeted costs of $85 per Employee per month, for each year of the contract, provided that the balance of the HCCRF is at least 75% of the established target for the prior fiscal year.
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Funding Uses and Sources. The HCCRF shall be used to offset health care costs that exceed budgeted costs in any fiscal year. Budgeted costs are those costs budgeted each year and are the Employer’s best estimate of expected costs based on good faith projections compiled by the Employer’s independent consultant. For the period of time beginning July 1, 2009 to June 30, 2012 the HCCRF fund shall also be used to offset budgeted costs as follows: FY10 $55 per employee per month; FY11 $45 per employee per month; and FY12 $35 per employee per month.
Sample 1

Related to Funding Uses and Sources

  • Additional Acceptable Uses of Student Data Contractor is prohibited from using Student Data for any secondary use not described in this agreement except:

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