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~ ~ <br />''` <br /> - z a - . <br />Y <br /> ~.. <br /> <. <br />this Agreement, in the analysis of Western-Utah's obligation _1 <br />to that Entity in the following year. ~ ' <br />4.4 In the fall of 1981, but no later than <br />September 30, 1981, and in the fall of each subsequent <br />year, each of the Governmental Entities shall prepare <br />an analysis of actual anticipated operating revenues <br />and expenditures in the following year, including in <br />such analysis expected impacts from the Project (e.~., <br />salary increases) but excluding from consideration there- <br />in any revenues or expenditures directly and accurately <br />attributable to other post-1981 projects employing fifty <br />(50) or more persons and/or population growth associated <br />therewith. Such analysis shall be referred to herein as <br />the "cumulative budget." In the event that any Govern- <br />mental Entity shall at any time lower its mill levy or <br />tax rate below the mill levy or tax rate in effect at the <br />time this Agreement is executed, the cumulative budget <br />shall be prepared, for such periods during which the lower <br />mill 'levy or tax rate is in effect, by using the mill levy <br />or tax rate in effect at the time this Agreement is executed. <br />4.5 Each year, following preparation of the adjusted <br />baseline and the cumulative budget for each Governmental <br />Entity, a determination shall be made whether, when compared <br />with the adjusted baseline budget, the cumulative budget <br />indicates a lesser surplus or a greater deficit or indicates <br />a deficit where the adjusted baseline budget indicated a <br />surplus. In that event, Western-Utah agrees to pay to the <br />rele•.ant Governmental Entity, no later than January 2 of <br />the year for which the adjusted baseline and cumulative <br />budgets have been prepared, the difference between the sur- <br />plus or deficit computed in the adjusted baseline budget <br />