Block Contribution Funding definition

Block Contribution Funding or "BLOCK" means a Contribution for a group of programs, services and/or activities for which funding is provided under this Schedule and for which any unexpended funding may be used by the Council if conditions set out in this Schedule are met.
View Source
Block Contribution Funding means a Contribution for a group of programs, services and/or activities for which funding is provided under a funding agreement and for which any unexpended funding may be retained by the Recipient if conditions specified in the funding agreement are met.
View Source
Block Contribution Funding or "BLOCK" means a Contribution for a group of programs, services and/or activities for which funding is provided under this Schedule and for which any unexpended funding may be used by the Council if conditions set out in this Schedule are met. "Fiscal Plan" means a multi‐year plan approved by the Council at a duly convened meeting which consists of the budget required under section 6.2 (Budget) of the main body of this Agreement for the Initial Fiscal Year and projected expenditures for each Subsequent Fiscal Year, and any amendments to the plan that are approved by the Council. "Initial Fiscal Year" means a one year period beginning on April 1 of the Fiscal Year in which the term of this Agreement begins and ending the following March 31. "Subsequent Fiscal Year" means any Fiscal Year after the Initial Fiscal Year. "Unexpended Block Funding" means the amount by which all amounts paid to the Council under this Schedule for the aggregate of programs, services and activities that are identified as BLOCK in Schedule "FED‐1" exceeds the amount that the Council expends on the aggregate of those programs, services or activities during the term of this Streamlined model does not use definitions.
View Source

Examples of Block Contribution Funding in a sentence

  • The Recipient shall expend the funding provided under this Schedule only for the purpose of delivering the programs, services and activities identified as BLOCK in Schedule "FED-1" in accordance with the program, service and activity delivery standards set out in this Schedule in every Fiscal Year for which Block Contribution Funding is provided under this Agreement.

  • In instances where funding is provided to a Recipient under a Block Contribution Funding, the amount should be presented in the program or service area where it has been budgeted/allocated by the Recipient.

  • Subject to the terms and conditions of this Agreement, DIAND shall transfer to the Recipient [/:BlockFundingAmountYear1Alpha] dollars ($[/:BlockFundingAmountYear1Numeric]) in Block Contribution Funding in the Initial Fiscal Year.


More Definitions of Block Contribution Funding

Block Contribution Funding means Funding for Programs listed in Schedule "FED-1" under the heading "Block Contribution".
View Source