Significant Variance Clause Samples

Significant Variance. A “Significant Variance” occurs when there is an unforeseen change in revenue, including but not limited to: natural disasters, changes in state law affecting how California school districts are funded, including the collection of property taxes distributed to school districts, and/or changes to the amount of Local Revenues collected by the Parties.

Significant Variance. Notify the Local Authority and put forward proposals and agree an implementation plan including resource requirements with the Local Authority;