Program and Authority Funding Clause Samples
The Program and Authority Funding clause defines how financial resources are allocated and managed for a specific program or under the authority of a governing body. It typically outlines the sources of funding, the process for requesting or disbursing funds, and any limitations or conditions attached to the use of those funds. For example, it may specify that funding is subject to annual budget approvals or contingent on meeting certain performance criteria. The core function of this clause is to ensure transparency and accountability in the financial management of the program, preventing unauthorized expenditures and clarifying the responsibilities of all parties involved.
Program and Authority Funding. The members developing or participating in an insurance program shall fund all costs of that program, including administrative costs, as hereinafter provided. Costs of staffing and supporting the Authority, hereinafter called Authority general expenses, shall be equitably allocated among the various programs by the Board, and shall be funded by the members developing or participating in such programs in accordance with such allocations, as hereinafter provided. In addition, the Board may, in its discretion, allocate a share of such Authority general expense to those members which are not developing or participating in any program, and require those counties and public entities to fund such share through a prescribed charge.
Program and Authority Funding. The Member county participating in a program shall fund all costs of that program, including administrative costs, as hereinafter provided. Costs of staffing and supporting the Authority, hereinafter called Authority general expenses, shall be equitably allocated by Member county population among the various programs by the Board, and shall be funded by the Member counties participating in such programs in accordance with such allocations, as hereinafter provided. In addition, the Board may, in its discretion, allocate a share of such Authority general expense to those Member counties which are not participating in any program, and require those counties to fund such share through a prescribed charge.
Program and Authority Funding. The Member Agencies developing or participating in an insurance program shall fund all costs of that program, including administrative costs, as hereinafter provided. Costs of staffing and supporting the Authority, hereinafter called Authority general expenses, shall be equitably allocated among the various programs and shall be funded by the Member Agencies developing or participating in such programs in accordance with such allocations, as hereinafter provided.