Funding Formula. Clause 9.2 of the Regional Library Agreement requires the Library Board to agree on a funding formula to determine the financial contributions to be made by the member councils. The agreed funding formula must ensure each member council contributes the same per capita amount.
Funding Formula. 2.1. Funding to support funded early education places for eligible two year olds is paid at a single standard rate. For 2020-21 this will be £5.12 per child, per hour they attend.
Funding Formula. To the extent that it is demonstrated that the Cooperative’s library system benefits and is used by residents of the unincorporated area of Polk County, the County shall provide dedicated funding from Library MSTU dollars to the Cooperative as provided for in Section 21.
Funding Formula. The County has provided a dedicated funding source (Library MSTU) which assists in its commitment to more equitable funding in order to reach $23.60 operational funding per capita as recommended by the professional consultant hired by the County in FY 2006-2007.
Funding Formula. The Policy Committee shall annually on or before July 1 of each year, by a unanimous vote, approve the funding formula to determine the parties’ share of expenses for Consortium operations, provided, however, that the most recently approved cost-sharing formula shall continue unless amended by the unanimous vote of the parties.
Funding Formula. Upon approval of the annual budget, the Board shall have the authority to set cost-sharing charges for all of the Participating Agencies in amounts sufficient to provide the funds required by the current annual budget. Such charges shall be assessed among the Participating Agencies, in a manner reflecting the quantity of services rendered as determined by the Board (“Funding Formula”). Each Participating Agency’s cost share shall be approved by the Board annually and shall be based upon statistical information for the activity generated from the preceding year. The initial Funding Formula for Participant Agencies is attached hereto and incorporated herein as Exhibit A. The Funding Formula may be amended from time to time, but not more than on an annual basis.
Funding Formula. Funding will be allocated based on the agreed formula consulted with schools and schools forum. Funding amounts will be determined at school level based on the agreed formula. Total funding is divided between Primary (25%) and Secondary (75%). The Funding Allocation for each school is then determined by 75% weight for Free School Meals (Ever6) and 25% weight for pupil population. Funding will be reduced for individual schools based on the number of pupils permanently excluded prior to the commencement of this agreement where the Authority has the responsibility to provide education. This will be linked directly to pupils and the cost will be aligned to the cost of placement at the appropriate learning centre as consulted on and agreed through Schools Forum, until the pupils is reintegrated or no longer the responsibility of the Authority to educate. However, each school will receive at least 43% of their total Funding Allocation.
Funding Formula. Settling Funding Parties agree to fund up to $80,000 per Eligible Acre (up to a total payment of $24 million) identified in Funded RD ASAOCs. The Parties intend that funding shall occur as set forth in Paragraphs 18 and 19 of this Agreement and that the disbursement of funds by EPA to Performing Parties will be made as set forth in Paragraph 21 of this Agreement.
Funding Formula. The Public Defender will use the following funding formula to determine the annual amount owed by each municipality. In March of each year, the Public Defender will calculate the percentage of the total number of municipal cases generated by each municipality’s court during the prior calendar year. After determining the total cost of the Municipal Court Attorney for the next fiscal year, the Public Defender will calculate the amount owed by each municipality by multiplying each municipality’s percentage by the total cost. Exhibit A attached to this agreement shows the calculations and amount owed by each municipality for the 2015-2016 fiscal year. The Public Defender will recalculate the percentages in March of each year and will distribute in writing the calculation of the percentages, the total cost, and the cost attributed to each municipality to the Municipalities and the York County Treasurer (the Treasurer) by April 1 each year. The Public Defender will annually distribute the information listed above in substantially the same form as Exhibit A.
Funding Formula. In this Schedule terms highlighted in bold print shall have the meanings ascribed to them in the main body of the Agreement or within this Schedule.
