Examples of Annual base amount in a sentence
There are maximum amounts determined by a formula set out in a regulation made under the Education Act:• Annual base amount limit of $5,900 for each trustee, with an additional $5,000 for the chair and $2,500 for the vice-chair.• Annual enrolment amount limit based on the board’s prior year student enrolment numbers.
Secondary students will be weighted by the following factor: Note 2- 1.85 Schools at 266 students and under (weighted for students with handicaps) ⮚ Annual base amount for REACH School …………… ……………….
This means the following amounts would apply to the eligible funding recipient for 2018-19: Annual base amount: 4,500,000 x $7.09 x 12 = $382,860,000 Annual administrative cost amount: 4,500,000 x $0.01266 x 12 = $682,640 Nominal funding entitlement (hypothetically): $415,190,400 Amount specified in the person’s offset certificate: $382,860,000.