Budget Changes definition

Budget Changes. An amendment that would result in a transfer of funds among program activities or budget cost categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the AG and OSC where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Attachment D (Payment and Reporting Schedule).
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Budget Changes provisions, the Grantee and sub-recipients must obtain prior written approval from ED for transfers among direct cost categories and among separately budgeted programs, projects, functions, or activities that exceed $100,000 of the current total approved budget.
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Budget Changes has the meaning assigned thereto in Section 3.17(d) hereof.
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Examples of Budget Changes in a sentence

  • Changes to the budget that do not increase or reduce the maximum dollar obligation of the City are subject to the provisions of the Department of Public Health Policy/Procedure Regarding Contract Budget Changes.

  • FINANCIAL REQUIREMENTS 10 .01 Financial Management 10 .02 Award Payments 10 .03 Federal and Non-Federal Sharing 12 .04 Budget Changes and Transfer of Funds among Categories 12 .05 Program Income 13 .06 Indirect or Facilities and Administrative Costs 13 .07 Incurring Costs or Obligating Federal Funds Before and After the Period of Performance 15 .08 Tax Refunds 16 .09 Internal Controls 16 ▇.

  • Changes to the Grant Budget that do not increase or reduce the Maximum Amount of Grant Funds listed in Section 5.1 of the Agreement are subject to the provisions of the Department of Public Health Policy/Procedure Regarding Contract Budget Changes.

  • Not more than thirty (30) days after the end of the fiscal year, the Company shall submit to the Trustee and the Noteholders a final annual budget (the "Final Budget"), including a reconciliation of any material changes in the budget from the preliminary to final stage (the "Budget Changes").

  • The Parties agree that the procedures set out in Paragraphs 4, 5, 6 and 7 shall be the primary means by which Contract or Budget Changes are made.

  • Budget Changes Changes may be made to the timing (e.g., fiscal year) of eligible use expenditures without prior approval by the Agency so long as the total expenditures (actual and projected) for each eligible use category remain the same as described in the expenditure plan approved with the Grantee’s application.

  • Changes to the budget that do not increase or reduce the maximum dollar obligation of the CITY are subject to the provisions of the Department of Public Health Policy/Procedure Regarding Contract Budget Changes.

  • Contractor: Easter Seals Contract No: KC-394-19 Activity: Community Jobs (2 students) Time Period: July 1, 2019 – December 31, 2019 Revenue Source Budget Period Previous Budget Changes this Contract Current Budget Kitsap County Real & 7/1/19 – 0.00 +20,000.00 $20,000 Personal Property Tax 12/31/19 Pursuant to R.C.W. 71.20.110 Revenues (County Billed) $20,000 A.

  • A full and transparent accounting of the City's budget, including debt, expenditures, revenue, and each fiscal year's budget can be found at: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/departments/finance-admin- services/financial-reporting/budget-guide/Pages/FrequentlyAskedQuestions.aspx Year Two Continuation Changes for 2024-2025 Budget Changes Personnel - changes were made to more accurately represent staff roles and salaries.

  • The Budget Changes shall not become effective until approved by a majority in interest of the Noteholders, which approval shall not be unreasonably withheld; provided that if the Noteholders have not notified the Company of their approval or disapproval of the Budget Changes within thirty (30) days after they were submitted to the Noteholders, the Final Budget shall be automatically approved.


More Definitions of Budget Changes

Budget Changes. An amendment that would result in a transfer of funds among program activities or budget categories that does not affect the amount, consideration, scope or other terms of such contract may be subject to the approval of the Offices of the State Comptroller and Attorney General where the amount of such modification is, as a portion of the total value of the contract, equal to or greater than ten percent for contracts of less than five million dollars, or five percent for contracts of more than five million dollars; and, in addition, such amendment may be subject to prior approval by the applicable State Agency as detailed in Appendix C (Payment and Reporting Schedule).
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