Fiscal Notes Sample Clauses
A Fiscal Notes clause outlines the requirements for documenting and disclosing the financial impact of a proposed action, policy, or contract. Typically, it mandates that a detailed estimate of costs, revenues, or budgetary effects be prepared and reviewed before decisions are made. For example, before enacting new legislation or entering into a contract, parties may need to submit a fiscal note showing projected expenses or savings. The core function of this clause is to ensure transparency and informed decision-making by providing stakeholders with clear financial implications, thereby preventing unforeseen budgetary issues.
Fiscal Notes. The financial exposure to the City for prosecution, court and public defense time is unknown, along with the exposure for refunding legal financial obligations for those convictions or sentences impacted by the ▇▇▇▇▇ decision. This agreement would provide up to $28,507 in reimbursement for the extraordinary judicial, prosecutorial, and/or defense-related costs of resentencing and vacating the sentences of individuals whose convictions or sentences are affected by the ▇▇▇▇▇ decision. This includes language from Engrossed Substitute Senate Bill 5187, Section 114(13) passed by the 2023 Legislature, which includes simple drug possession, to include cannabis and possession of paraphernalia. As these are pass- through funds, there is no need for a budget amendment.
Fiscal Notes. The proposed template will not impact the currently approved biennial budget.
Fiscal Notes. The City of Tumwater received a $123,717.33 grant from the Department of Ecology. A 25% match was required, with Ecology providing $92,788.00 towards the design and construction of this project. In total, design and permitting is anticipated to $194,681.
Fiscal Notes. Approval of these agreements will result in continued support for CDBG-eligible projects proposed and awarded within the City of Tumwater
Fiscal Notes. The total dollars provided by this contract will not exceed $410,000.00. The City and the Port of Olympia will provide an additional $149,500 in non-federal matches, which will be divided evenly between the City and Port.
Fiscal Notes. The total project cost estimate is $5.3 million for right of way and construction phases; the City has been awarded four separate grants totaling to approximately $4.1 million for the project, local funds are programmed in the Transportation CFP budget
Fiscal Notes. The total per-partner costs proposed by the ▇▇▇ shall not exceed $14,875. This project is funded by the General Fund allocation for Sustainability Initiatives.
Fiscal Notes. $100,000 from the State Department of Commerce Periodic Update grant and $100,000 from the State Department of Commerce Climate grant will support this work as part of the 2025 Comprehensive Plan periodic update. The remainder of the funding ($104,925) for the project will come from general funds.
Fiscal Notes. The Right of Entry Agreement authorizes reimbursement of ▇▇▇▇ ▇▇▇’s annual assessment fee as a ▇▇▇▇▇▇ Management district member as payment for the access. The total payment authorized by this agreement shall not exceed $1,260 payable in annual increments commensurate with the ▇▇▇▇▇▇ Lake Assessment charged to Ms. Day’s property.
Fiscal Notes. Total proposed engine cost is $1,238,023.55 including two early payment discounts and sales tax. It does not include full pre-payment because it is estimated the City will benefit from high interest earning rates in excess of the full early payment savings. If the RFA is approved, the purchase agreement would be transferred to the RFA. They would assume responsibility for the payment which would ultimately be paid from the $2M that the City is paying to clear the 2011 Levy Lid Lift commitment. If the RFA does not form, this engine would be purchased directly with Lid Lift funds. When it gets closer to delivery, the City will decide whether to pay cash or finance the purchase. The estimate in the Levy Lid Lift for this engine was $900,000. The difference will be paid with interest on the Lid Lift funds during the 38-43 months and other savings in the Lid Lift fund.