Final Budget definition
Examples of Final Budget in a sentence
In all events, no District shall approve a Final Budget that is not approved by the CABThe Districts and the CAB shall, in good faith discuss and attempt to reach an agreement with respect to the Preliminary Budget Documents.
If no agreement is reached, the Preliminary Budget Documents proposed by the CAB shall control in forming the Final Budget, and the amount of the Required Mill Levy shall be as specified in the Preliminary Budget Documents.
In case of emergencies, the CAB Board may approve contracts which shall be ratified at the next CAB Board meeting, so long as its facilitates Construction of Public Improvements within the Final Budget.
The Final Budget may be amended from time to time in accordance with State law, to reflect changes in actual revenues and/or expenses, utilizing the same process and requirements set forth in this Section, except that the CAB may establish alternative reasonable time periods for preparation, review and approval of proposed budget amendments.
The CAB shall have the sole authority to withdraw monies from the Funding Account for use in the payment of Actual Capital Costs and Actual Operations and Maintenance Costs as specified by the Final Budget for the CAB.