Common use of Pro Rata Share Clause in Contracts

Pro Rata Share. The District shall yearly charge the Charter School a pro rata share amount for use of the facilities, consistent with Education Code section 47614(b)(1) and 5 C.C.R. Section 11969.7. The calculation of this sum for the 2023-2024 school year is attached as Exhibit C and is hereby incorporated by reference. The District shall perform the calculation for each subsequent year, to be submitted to the Charter School for review no later than April 1. If the Charter School does not agree with the District’s calculation, the dispute shall be resolved by requesting that the Ventura County Office of Education review the relevant information and provide a binding decision. The pro rata share shall be divided into 12 equal payments, with the resulting amount to be paid by the Charter School to the District on or before the 1st of each month, commencing July 1. The pro rate share is subject to adjustment and reconciliation upon the District’s receipt of actual audited facilities costs for the fiscal year on which it is calculated.

Pro Rata Share. The District shall yearly charge the Charter School a pro rata share amount for use of the facilities, consistent with Education Code section 47614(b)(1) and 5 C.C.R. Section 11969.7. The calculation of this sum for the 20232018-2024 2019 school year is attached as Exhibit C and is hereby incorporated by reference. The District shall perform the calculation for each subsequent year, to be submitted to the Charter School for review no later than April 1. If the Charter School does not agree with the District’s calculation, the dispute shall be resolved by requesting that the Ventura County Office of Education review the relevant information and provide a binding decision. The pro rata share shall be divided into 12 equal payments, with the resulting amount to be paid by the Charter School to the District on or before the 1st of each month, commencing July 1, 2018. The pro rate rata share is subject to adjustment and reconciliation upon the District’s receipt of actual audited facilities costs for the fiscal year on which it is calculated.

Pro Rata Share. The District shall yearly charge the Charter School a pro rata share amount for use of the facilities, consistent with Education Code section 47614(b)(1) and 5 C.C.R. Section 11969.7. The calculation of this sum for the 20232024-2024 2025 school year is attached as Exhibit C and is hereby incorporated by reference. The District shall perform the calculation for each subsequent year, to be submitted to the Charter School for review no later than April 1. If the Charter School does not agree with the District’s calculation, the dispute shall be resolved by requesting that the Ventura County Office of Education review the relevant information and provide a binding decision. The pro rata share shall be divided into 12 equal payments, with the resulting amount to be paid by the Charter School to the District on or before the 1st of each month, commencing July 1. The pro rate share is subject to adjustment and reconciliation upon the District’s receipt of actual audited facilities costs for the fiscal year on which it is calculated.

Pro Rata Share. The District shall yearly charge the Charter School a pro rata share amount for use of the facilities, consistent with Education Code section 47614(b)(1) and 5 C.C.R. Section 11969.7. The calculation of this sum for the 20232020-2024 2021 school year is attached as Exhibit C and is hereby incorporated by reference. The District shall perform the calculation for each subsequent year, to be submitted to the Charter School for review no later than April 1. If the Charter School does not agree with the District’s calculation, the dispute shall be resolved by requesting that the Ventura County Office of Education review the relevant information and provide a binding decision. The pro rata share shall be divided into 12 equal payments, with the resulting amount to be paid by the Charter School to the District on or before the 1st of each month, commencing July 1. The pro rate share is subject to adjustment and reconciliation upon the District’s receipt of actual audited facilities costs for the fiscal year on which it is calculated.

Pro Rata Share. The District shall yearly charge the Charter School a pro rata share amount for use of the facilities, consistent with Education Code section 47614(b)(1) and 5 C.C.R. Section 11969.7. The calculation of this sum for the 20232021-2024 2022 school year is attached as Exhibit C and is hereby incorporated by reference. The District shall perform the calculation for each subsequent year, to be submitted to the Charter School for review no later than April 1. If the Charter School does not agree with the District’s calculation, the dispute shall be resolved by requesting that the Ventura County Office of Education review the relevant information and provide a binding decision. The pro rata share shall be divided into 12 equal payments, with the resulting amount to be paid by the Charter School to the District on or before the 1st of each month, commencing July 1. The pro rate share is subject to adjustment and reconciliation upon the District’s receipt of actual audited facilities costs for the fiscal year on which it is calculated.