FTE Target definition

FTE Target means the targeted number of Full Time Equivalent an employment programme required to create using funding received by a public body within a stipulated financial year.
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Examples of FTE Target in a sentence

  • Where the Actual FTE’s is less than the FTE Target, the Grantee shall return to the STDC an amount equal to the percentage that the Actual is below the FTE Target as shown in the Schedule.

  • Grantee shall pay to the STDC an amount equal to the deficiency in reaching the FTE Target employment pursuant to the calculations in Section 5.

  • A FTE Target for each year shall be required in accordance with the Forgivable Loan Schedule as shown in Section 5.1.4.

  • Beginning the first year after issuance of a Certificate of Occupancy, each year shall have an amount of two hundred and fifty thousand dollars ($250,000) eligible to be forgiven based on the actual percentage of FTE’s reached for that year as compared to the FTE Target in accordance with the following schedule.