FISCAL - MANAGEMENT AND OPERATION Clause Samples

FISCAL - MANAGEMENT AND OPERATION. The fiscal year for the Veterans Home will begin September 1 and end August 31 of each year. Prior to the start of each fiscal year, Operator shall prepare and submit to the Board for its review and approval a proposed Capital Expenditure budget for the Veterans Home. Operator and the Board each agree to utilize their best efforts to resolve all budgetary issues and to approve the proposed budget prior to September 1. For the following services, Operator shall adhere to its Solicitation Response unless the Board requests otherwise.
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