District Share definition
Examples of District Share in a sentence
District Share Employee Share Four (4) but less than six (6) hours 50% 50% Six (6) but less than eight (8) hours 75% 25% If an employee selects the MESSA Choices II $10/$20 co-pay an additional upgrade charge will be assessed to the employee.
Any payment of the District Share not made within such 30-day period shall bear interest calculated in accordance with Section 2251.025 of the Texas Government Code.
The District may audit the Sales and Use Tax Revenues to determine whether the District Share has been paid in accordance with this Agreement.
The City shall retain all Sales and Use Tax Revenues that do not constitute the District Share (the “City Share”).
The City shall retain all Sales and Use Tax Revenues that do not constitute the District Share (the "City Share").
For purposes of any such audits, the District shall maintain and make available to the City’s representatives all books, records, documents and other evidence of accounting procedures or practices in form sufficiently maintained to reflect deposits to the Sales and Use Tax Account and expenditures of the District Share.
The City shall include with each payment of the District Share a condensed version of each sales tax report, containing only the contents of the sales tax report relating to retail sales and retailers within the District, provided by the Comptroller relating to Sales and Use Tax Revenues on a quarterly basis of the City’s receipt of such sales tax reports for that period.
The District shall deposit the District Share in a segregated interest-bearing account (the “Sales and Use Tax Account”).
The City shall forward payments of the District Share to the bookkeeper of the District, unless otherwise notified by the District, at the address set out below by regular U.S. Mail or other method of delivery mutually acceptable to the Parties: Far North Fort Worth Municipal Utility District No. 1 of Tarrant and Wise Counties c/o: ▇▇▇▇▇ ▇▇▇ & Associates, LLC ▇.▇.
Notwithstanding the foregoing, however, if any audit conducted by the City reveals that the District has not used the District Share in accordance with Section 4.03, the District shall reimburse the City for the reasonable cost of the audit.