Budget Oversight Sample Clauses

Budget Oversight. The governing board has oversight and responsibility for approving annual and amended budgets to ensure that resource allocation is sufficient to support the School’s mission and vision, and to improve student achievement. Operations of the school are primarily funded through state and federal funds without reliance on fund raising, donations and grants for support of ongoing operations. The School maintains a prudent reserve. 3.2
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Budget Oversight. The Planning Task Force designed the budget to meet goals and objectives, ensure equal access and promote sustainability of strategies. Each line item is linked to one or more grant components, services and / or priorities. The budget is fiscally efficient while providing sufficient funds for comprehensive programming. The Project Director and MCDC Finance Office will manage
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Budget Oversight. CCA-West will follow general accounting principles and all relevant federal, state, and local laws for proper accounting and reporting—specifically, the following: • CCA-West will balance its budget in each fiscal year of operation. • CCA-West will produce monthly statements of revenue and expenditures, including comparisons to approved annual budgets. The executive director and the finance committee of the board of trustees will review these statements monthly. These statements will be shared with the full board and with the Xxxxxx X. Xxxxxxx Foundation as needed. • At the conclusion of each fiscal year, CCA-West will hire a qualified firm to do a comprehensive, independent audit of the financial practices of the school. In accordance with this practice, the first audit will take place after the conclusion of year one of operation and appear in the budget in year two. • CCA-West will meet all ODE requirements for the reporting of financial information.
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Budget Oversight. Columbus Collegiate Academy - West will follow general accounting principles and all relevant federal, state, and local laws for proper accounting and reporting. Specifically: • Columbus Collegiate Academy - West will balance its budget in each fiscal year of operation. • Columbus Collegiate Academy - West will produce monthly statements of revenue and expenditures, including comparisons to approved annual budgets. The executive director and the Finance Committee of the Board of Trustees will review these statements monthly. These statements will be shared with the full board and with the Xxxxxx X. Xxxxxxx Foundation as needed. • At the conclusion of each fiscal year, Columbus Collegiate Academy - West will hire a qualified firm to do a comprehensive, independent audit of the financial practices of the school. In accordance with this practice, the first audit will take place after the conclusion of year one of operation and appear in the budget in year two. • Columbus Collegiate Academy - West will meet all Ohio Department of Education requirements for the reporting of financial information.
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Related to Budget Oversight

  • Budget Impact The rental fee provided for in the agreement is for One Hundred Seventy dollars ($170.00) per month. This is a total annual airport revenue of $2,040.00.

  • Budget Narrative Services are strictly paid as cost reimbursement. No funds will be paid for services not provided.

  • Budget Control Records of expenditures must be maintained for each Award by the cost categories of the approved Budget (including indirect costs that are charged to the Award), and actual expenditures are to be compared with Budgeted amounts at least quarterly.

  • Budget The System Agency allocated share by State Fiscal Year is as follows:

  • Background and Narrative of Budget Reductions 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short and Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance) If yes please explain: ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS (School Districts Only) (For Local Use Only)

  • BUDGET CONTINGENCY If the Budget Act of the current year covered under this Grant Agreement does not appropriate sufficient funds for this program, this Grant Agreement shall be of no force and effect. This provision shall be construed as a condition precedent to the obligation of the State to make any payments under this Grant Agreement. In this event, the State shall have no liability to pay any funds whatsoever to the Grantee or to furnish any other considerations under this Grant Agreement and the Grantee shall not be obligated to perform any provisions of this Grant Agreement. Nothing in this Grant Agreement shall be construed to provide the Grantee with a right of priority for payment over any other Grantee. If funding for any fiscal year after the current year covered by this Grant Agreement is reduced or deleted by the Budget Act, by Executive Order, or by order of the Department of Finance, the State shall have the option to either cancel this Grant Agreement with no liability occurring to the State, or offer a Grant Agreement amendment to the Grantee to reflect the reduced amount.

  • Construction Management Plan Contractor shall prepare and furnish to the Owner a thorough and complete plan for the management of the Project from issuance of the Proceed Order through the issuance of the Design Professional's Certificate of Material Completion. Such plan shall include, without limitation, an estimate of the manpower requirements for each trade and the anticipated availability of such manpower, a schedule prepared using the critical path method that will amplify and support the schedule required in Article 2.1.5 below, and the Submittal Schedule as required in Article 2.2.3. The Contractor shall include in his plan the names and resumés of the Project Superintendent, Project Manager and the person in charge of Safety.

  • Budget Revisions Grantee shall obtain Prior Approval from Grantor whenever a Budget revision is necessary for one or more of the reasons enumerated in 2 CFR 200.308 or 44 Ill. Admin. Code 7000.370(b). All requests for Budget revisions that require Grantor approval shall be signed by Xxxxxxx’s authorized representative and submitted to Grantor for approval. Expenditure of funds under a requested revision is prohibited and will not be reimbursed if expended before Grantor gives written approval.

  • Cash Basis and Budget Laws The right of the City to enter into this Agreement is subject to the provisions of the Cash Basis Law (K.S.A. 10-1112 and 10-1113), the Budget Law (K.S.A. 79-2935), and all other laws of the State of Kansas. This Agreement shall be construed and interpreted so as to ensure that the City shall at all times stay in conformity with such laws, and as a condition of this Agreement the City reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement may be deemed to violate the terms of such laws.

  • Budget Modifications The total Approved Budget and the assignment of costs may be adjusted based on implementation of the Scope of Work, spending patterns, and unexpended funds, but only by an amendment to the Approved Budget. In no event shall an amendment to the Approved Budget result in payments in excess of the aggregate amount specified in Section 2.01 “Award of Monies” or in approved supplemental funding for the Project, if any. The RECIPIENT may make transfers between or among lines within budget categories without prior written approval provided that:

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