Common use of Budget Allocations Clause in Contracts

Budget Allocations. In the event the Board allocates funds to a building budget for expenditures during the fiscal year, it is understood that such funds shall not be reduced during the fiscal year unless the Board determines, in its sole discretion, that the District is confronted with financial problems which dictate revision of the funds allocated.

Appears in 3 contracts

Sources: Master Agreement, Master Agreement, Master Agreement

Budget Allocations. In the event the Board allocates funds to a building budget for expenditures during the fiscal year, it is understood that such funds shall not be reduced during the fiscal year unless the Board determines, in its sole discretion, that the District is confronted with financial problems which dictate revision of the funds allocated. Section 1. Group Term Life Insurance

Appears in 1 contract

Sources: Master Agreement