Limitations of appropriations Sample Clauses

Limitations of appropriations. (a) Appropriations made by the Board through the budget process, as defined in section 16 of this Agreement shall be expended only for funding allocated for items outlined in the budget; however, by majority vote of Directors, the budget may be amended from time to time to transfer funds between or among such budget items.
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Limitations of appropriations. (a) The Executive Director may at any time transfer an unencumbered appropriation balance or portion thereof between general classifications of expenditures within a category of funds (i.e. parks, events, etc.).
Sample 1
Limitations of appropriations. Actions or resolutions of the Board of Supervisors for the annual appropriations of any year shall not cease to be operative at the end of the fiscal year for which they were adopted, except as otherwise provided by the laws of the State of Vermont. Appropriations made by the Board of Supervisors for the various estimates of the budget as defined in Article IV, 2.a. above shall be expended only for such estimates, but by majority vote of the Board of Supervisors the budget may be amended from time to time to transfer funds between or among such estimates, except as otherwise limited herein. Any balance left or unencumbered in any such budget estimate, or the amount of any deficit at the end of the fiscal year, shall be included in and paid out of the operating budget and appropriations in the next fiscal year.
Sample 1
Limitations of appropriations. Appropriations made by the Board for the various estimates of the budget as defined in Section 2 of Article IV above shall be expended only for such estimates; however, by majority vote of the Board the budget may be amended from time to time to transfer funds between or among such estimates. Any balance left or unencumbered in any such budget estimate shall laspe at the end of the fiscal year. The amount of any deficit at the end of the fiscal year, shall be included in the next proposed operating budget and paid out of the appropriations for that budget year.
Sample 1

Related to Limitations of appropriations

  • Authorization of appropriations For the purpose of carrying out this section, there are authorized to be appropriated such sums as may be necessary. (Pub. L. 108–282, title II, § 207, Aug. 2, 2004, 118 Stat. 910.)

  • Appropriations Until all amounts which may be or become payable by the Obligors under or in connection with the Finance Documents have been irrevocably paid in full, each Finance Party (or any trustee or agent on its behalf) may:

  • Limit of Appropriation 4.1 Consultant clearly understands and agrees, such understanding and agreement being of the absolute essence of this Agreement, that County shall have available the total maximum sum of three hundred thousand dollars and no/100 ($300,000.00), specifically allocated to fully discharge any and all liabilities County may incur.

  • Limitations of Authority (1). Neither Party has authority to act for or on behalf of the other except as provided in this Agreement. No other authority, power, partnership, use of rights are granted or implied.

  • Limitations of Actions No lawsuit relating to this Agreement may be filed before a written claim is filed with the Administrator and is denied or deemed denied as provided in the Plan and any lawsuit must be filed within one year of such denial or deemed denial or be forever barred.

  • Right of appropriation (a) We shall be entitled in our reasonable discretion to apply and appropriate all payments received by us in such a manner or order of priority as we may deem fit, notwithstanding any specific appropriation of such sums by you or any person making such payment. Without prejudice to the generality of the foregoing, we may apply payments received by us in the following order of priority:

  • Limitations on Use No part of the moneys delivered to the Recipient pursuant to Section II hereof is being or will be used to refinance, retire, redeem, or otherwise pay debt service on all or any part of any part of any governmental obligations regardless of whether the interest on such obligations is or was excluded from gross income for federal income tax purposes unless prior approval by the Director is given.

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