Budget and operating costs. All of the costs of holding meetings provided for in articles 7-3 and 4-3 are paid for by the Group (translation and circulation of preparatory documents and meeting minutes, transport and accommodation costs of employees' representatives, and the people invited set out in article 6-3). - The Group will also pay for the costs of training the permanent and deputy members of the European Works Council under the terms of article 8-4. In addition to the secretariat meetings taking place on the occasion of the plenary sessions of the EWC, the management of the group will pay the costs concerned with 4 further secretariat meetings per year. The secretariat has premises permanently available with equipment (data processing, telecommunications). The management supplies the logistic support for the secretariat. - Costs relating to the work groups defined in article 5-2, and the costs of expert opinion on the consolidated accounts and those decided on with the agreement of the Chairman (article 5-4) will be paid for by the Group. - Lastly, a budget of 70 000 Euros is granted to the secretariat for the experts’ reports mentioned in the penultimate paragraph of article 5-4, for the first year of the EWC’s functioning.
Budget and operating costs. All of the costs of holding meetings provided for in articles 7-3 and 4-3 are paid for by the Group (translation and circulation of preparatory documents and meeting minutes, transport and accommodation costs of employees' representatives, and the people invited set out in article 6-3). The Group companies shall also pay for the costs of training the permanent and deputy members of the European Works Council under the terms of article 8-4. In addition to the secretariat meetings taking place on the occasion of the plenary sessions of the EWC, the management of the group will pay the costs concerned with 4 further secretariat meetings per year. The secretariat has premises permanently available with equipment (data processing, telecommunications). The management shall provide logistical support to the Secretariat and shall make administrative support available for its operation and management. Costs relating to the work groups defined in article 5-2, and the costs of expert opinion on the consolidated accounts and those decided on with the agreement of the Chairman (article 5-4) will be paid for by the Group. Furthermore, the EWC Secretariat shall be entitled to and responsible for allocating a portion of the annual budget devoted to EWC by Group Management, in order to cover the following expenses: - translations requested by EWC Secretary - training of French members, - telephone: 35 K€ in 2005, - travels at the initiative of EWC members, aside from Plenary Assemblies, Secretariat meetings and Working Group meetings - expert appraisals covered under ante-penultimate paragraph of Article 5-4 - miscellaneous operating expenses For the Year 2005 and under the scope covered at the date of this Agreement revision, the maximum amount of this budget portion shall not exceed €185,000, of which €70,000€ earmarked for expert appraisals. Accounting management shall be provided by Management, in accordance with applicable standards related to purchase orders, ordering and invoicing.
Budget and operating costs. TCD shall operate on a July 1 through June 30 fiscal year. The annual budget of the TCD shall be submitted to the Board of Directors and shall not be effective until approved by the Board of Directors. Unless otherwise provided in this Agreement, the County shall provide the funds that are necessary for the TCD’s administrative and operational expenses from the revenue generated by the County Emergency Communications Gross Receipts Tax. The operating, reserve and capital budgets for TCD shall be determined as follows: Not less than 150 days prior to the end of TCD’s fiscal year (January 31), the Executive Director and Finance Committee shall present proposed annual and five year operating, reserve and capital budgets to the Board of Directors. Not less than 120 days prior to the end of TCD’s fiscal year (February 28), the Board of Directors shall return its recommendations to the Executive Director and Finance Committee. Not less than 90 days prior to the end of TCD’s fiscal year (March 31), the Executive Director shall return the proposed annual and five year operating, reserve and capital budgets to the Board for approval. If the Executive Director and the Board of Directors disagree on any aspect of the proposed budgets, the Executive Director shall submit an explanation of the items of disagreement with the proposed budgets. Not less than 60 days prior to the end of TCD’s fiscal year (April 30), the Board of Directors shall deliver to the County Manager a final budget stating the amount budgeted to TCD for the upcoming fiscal year. If the County Emergency Communications Gross Receipts Tax is not sufficient to meet TCD’s operating, reserve, or capital budget for any fiscal year, the Board may revise and balance the budget, adopt a budget below the amount of its proposed budget, or, the Parties shall jointly contribute the amount necessary to meet TCD’s operating budget. The amount of each Party’s contribution shall be determined by applying the following percentages to the total amount of the required contribution: Party Percent Taos County 35% Town of Taos 35% Village of Questa 10% Taos Ski Valley 10% Taos Pueblo 10%
Budget and operating costs. A. The Authority shall prepare an annual budget. In the event the Authority believes funds from each Member for operating and/or administrative costs not paid by the Emergency Telephone Charge revenues will be necessary, it shall prepare a budget and submit a preliminary budget funding request to each Member by August 1st of each year that this Agreement is in effect. Each Member shall then consider the budget funding request in its annual appropriation. The Members shall be required to pay to the Authority, within ninety (90) days of notification, an equitable percentage of the total operating and/or administrative costs not funded by the Emergency Telephone Charge revenues. Each Member’s percentage of that cost shall be based upon its exclusive population, except for OCETSA and SMETSA, whose contributions shall be based upon the respective SMETSA and OCETSA Agreements, as may be amended from time to time.
Budget and operating costs
