machinery, other electronic and electrical devices, and furnishings with a useful life of at least two years and a cost above $1,000. A blueprint for planning a community’s capital expenditures that comprises an annual capital budget and a five-year capital plan. It coordinates community planning, fiscal capacity, and physical development. While all the community’s needs should be identified in the program, there is a set of criteria that prioritize the expenditures. Through the Coronavirus Relief Fund, the CARES Act provides for payments to State, Local, and Tribal governments navigating the impact of the COVID-19 outbreak. The CARES Act established the $150 billion Coronavirus Relief Fund. Any money received by a municipality or its departments whether by cash, check, or electronic transfer. Chapter 70 refers to the school funding formula created under the Massachusetts Education Reform Act (MERA) of 1993 by which state aid is distributed through the Cherry Sheet to help establish educational equity among municipal and regional school districts. Named for the cherry-colored paper on which they were originally printed, the Cherry Sheet is the official notification to cities, towns, and regional school districts of the next fiscal year’s state aid and assessments. The aid is in the form of distributions, which provide funds based on formulas and reimbursements that provide funds for costs incurred during a prior period for certain programs or services. The reimbursement program for certain costs of special education as specified in M.G.L. c. 71B, § 5 The process of negotiating workers’ wages, hours, benefits, working conditions, etc., between an employer and some or all its employees, who are represented by a recognized labor union. Grants are open to applicants who meet the grant application's eligibility criteria. Reading teams and rating sheets are used in the review process to ensure fair and open competition among eligible applicants. The officer responsible for keeping the state's books and making rules to ensure that all the state's financial transactions are performed according to statute and regulation, and according to generally accepted accounting principals (GAAP) A budget carryforward amount that is not tied to any specific contract or purchase order but is nevertheless set aside for anticipated and/or pending expenses in the coming fiscal year. These expenses are
Capital Improvement Program (CIP)
CARES Act Funding
Cash Receipts
Chapter 70 School Aid
Cherry Sheet
Circuit Breaker
Collective Bargaining
Competitive Grants
Comptroller
Continued Appropriations
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