Annual Balanced Budget definition

Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;
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Annual Balanced Budget has the meaning set out in subsection 4.5(b);
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Annual Balanced Budget means that, in each fiscal year of the term of this Agreement, the total expenses of the HSP are less than or equal to the total revenue, from all sources, of the HSP.
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Examples of Annual Balanced Budget in a sentence

  • The HSP will: use the Funding only for the purpose of providing the Services at the Home for which the Funding was provided in accordance with Applicable Law, Applicable Policy and the terms of this Agreement; not use the Funding for compensation increases prohibited by Applicable Law; meet all obligations in the Schedules; fulfill all other obligations under this Agreement; and plan for and achieve an Annual Balanced Budget.

  • Following approval of the proposed Annual Balanced Budget by the Delegates, all future budgetary amendments must have Director approval.

  • The Head of School will advise the LGB’s Resources Committee on all areas of the School budget• the LGB’s Resources Committee will, in each year, consider the recommendation of the Head of School and will set an Annual Balanced Budget.

  • Discussion regarding the contract ensued with clarifying questions from the Board including the hourly rate of pay for temporary staff and the funding amount requested being included in the 2008-2009 Annual Balanced Budget.

  • David Neter presented the 2008-2009 Annual Balanced Budget Resolution.


More Definitions of Annual Balanced Budget

Annual Balanced Budget means that, in a Fiscal Year, the total revenues are greater than or equal to the total expenses. Further, for the LHIN, the meaning of annual balanced budget is also subject to Public Sector Accounting Board (PSAB) rules as well as any interpretations issued by the MOHLTC in financial management policies, directives or guidelines under paragraph 8 of this Schedule. “Health System Funding Reform (HSFR) Funding” is comprised of HBAM Funding and QBP Funding.
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Annual Balanced Budget means that, in each Funding Year of the term of this Agreement,thetotalrevenuesof theHSParegreaterthanorequalto thetotalexpenses, from all sources, of the HSP; “Applicable Law” meansallfederal, provincial ormunicipallaws, regulations, common law, orders, rulesor by-laws thatareapplicableto the HSP, the Services, this Agreement and the parties’ obligations under this Agreement during the term of this Agreement;
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Annual Balanced Budget means that, in each calendar year of the term of this Agreement, the totaI expençeç of the HSP in reçpect of the Serviceç at a Home are Ieçç than or equaI to the totaI revenue of the HSP in reçpect of the Serviceç at the çame Home.
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Annual Balanced Budget means that, in each calendar year of the term of this
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Annual Balanced Budget meanç that, in each Funding Year of the term of thiç Agreement, the totaI revenueç of the HSP are greater than or equaI to the totaI expençeç, from aII çourceç, of the HSP;
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Annual Balanced Budget means that, in each fiscal year of the term of this Agreement, the total expenses of the Health Services Provider are less than or equal to the total revenue, from all sources, of the Health Services Provider.
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Annual Balanced Budget has the meaning set out in s. 4.4(b) of the SAA;
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