Rate Year definition

Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

Rate Year means the year of the MYRP for which base rates are effective.

Rate Year means the 12-month period beginning on

Examples of Rate Year in a sentence

• If the Approved Regulated Revenue exceeds the Hospital’s actual regulated revenue, the amount of the excess will be added to the Hospital’s Approved Regulated Revenue for the subsequent Rate Year as a One Time Adjustment.

• Approved Regulated Revenue Compliance and Related Adjustments: For each Rate Year, the Hospital’s Approved Regulated Revenue will be compared to the Hospital’s actual regulated revenue for the particular Rate Year.

• Adjustments may be made each Rate Year to update rates and shall be made in accordance with the Hospital Contract in effect on that date.

• If the Approved Regulated Revenue is less than the Hospital’s actual regulated revenue, the amount of the shortfall will be subtracted from the Hospital’s Approved Regulated Revenue for the subsequent Rate Year as a One Time Adjustment, except that undercharges below the corridor specified in subparagraph III.

• If a Hospital is not in full compliance with the submission of the aforementioned information at such time as the Hospital’s rates are subject to change (i.e., at the start of a new Rate Year, or upon commencement of an amendment that affects the rates), at no time can the new rates exceed the adjusted current rates.

More Definitions of Rate Year

Rate Year means the twelve consecutive month period of January 1 through December 31 that corresponds to the year for which charges are assessed under the Formula Rate.

Rate Year means the 12-month period commencing January 1st of each year. [PL 1999, c. 464, §10 (AMD).]

Rate Year means the twelve month period beginning on October 1st of each year;

Rate Year means the fiscal period from August 1 through July 31.

Rate Year means the calendar year immediately fol- lowing the computation date. [2009 c 83 § 1; 2002 c 149 § 11; 1987 c 213 § 2; 1986 c 111 § 1; 1984 c 205 § 3; 1983 1st ex.s. c 23 § 17; 1973 1st ex.s. c 158 § 11; 1971 c 3 § 16; 1970 ex.s. c 2 § 10.]

Rate Year means each of the three 12-month periods as approved in a Water and Sewer Investment Plan.

Rate Year means the fiscal year for which a payment rate determined under this chapter is effective, from January first to the next December thirty-first.