Oakland Michigan Expense Limitation Agreement

• Category: Corporations - Public
• State: Multi-State
• County: Oakland
• Control #: US-EG-9176
• Format: Word; Rich Text

Description

Expense Limitation Agreement between Garnder Lewis Investment Trust and Garnder Lewis Aset Management, Inc. dated February 28, 1999. 4 pages Oakland Michigan Expense Limitation Agreement refers to the agreement made between the government entities in Oakland County, Michigan, and specific parties involved, which outlines measures and limitations on the expenses that can be incurred by these entities. This agreement is instrumental in ensuring responsible financial management and controlling expenditure within the county. The Oakland Michigan Expense Limitation Agreement is designed to promote fiscal responsibility and ensure that the county, its departments, and employees do not exceed their allocated budgets. By imposing effective expense limitations, the agreement aims to prevent overspending, minimize wasteful practices, and maintain a balanced financial position. Some relevant keywords for this topic could include: 1. Oakland County: Denotes the specific county in Michigan, which serves as the geographical backdrop for this agreement. 2. Expense Limitations: Refers to the strict guidelines and restrictions placed on expenditure within the county to maintain budgetary control. 3. Financial Management: The process of planning, organizing, and controlling financial activities within the county, aimed at maximizing resources and minimizing costs. 4. Allocated Budgets: The predetermined amounts of money assigned to each department or entity within Oakland County for fiscal activities. 5. Responsible Spending: Emphasizes the need for careful, prudent, and accountable use of public funds to prevent waste and abuse. 6. Fiscal Responsibility: Refers to the obligation to manage finances in a prudent and accountable manner, ensuring transparency and avoiding unnecessary burden on taxpayers. 7. Wasteful Practices: Actions that lead to unnecessary or excessive expenditure, causing a strain on county resources and financial stability. 8. Balanced Financial Position: The state of equilibrium in which expenses do not exceed revenues, ensuring the county's long-term financial health. 9. Government Entities: Refers to the various departments, agencies, and organizations that operate under the administration of Oakland County. 10. Parties Involved: Individuals or organizations interacting with Oakland County and agreeing to abide by the Expense Limitation Agreement. Different types of Oakland Michigan Expense Limitation Agreements may exist, depending on the specific terms and conditions included in each agreement. Examples of these types could include department-specific expense limitation agreements, where individual departments within Oakland County agree to adhere to their allocated budgets. Other types could include broader county-wide agreements, involving multiple government entities coming together to mutually restrict expenditures. The exact categorization and terms of these agreements may vary depending on the specific needs and circumstances within Oakland County.

Oakland Michigan Expense Limitation Agreement refers to the agreement made between the government entities in Oakland County, Michigan, and specific parties involved, which outlines measures and limitations on the expenses that can be incurred by these entities. This agreement is instrumental in ensuring responsible financial management and controlling expenditure within the county. The Oakland Michigan Expense Limitation Agreement is designed to promote fiscal responsibility and ensure that the county, its departments, and employees do not exceed their allocated budgets. By imposing effective expense limitations, the agreement aims to prevent overspending, minimize wasteful practices, and maintain a balanced financial position. Some relevant keywords for this topic could include: 1. Oakland County: Denotes the specific county in Michigan, which serves as the geographical backdrop for this agreement. 2. Expense Limitations: Refers to the strict guidelines and restrictions placed on expenditure within the county to maintain budgetary control. 3. Financial Management: The process of planning, organizing, and controlling financial activities within the county, aimed at maximizing resources and minimizing costs. 4. Allocated Budgets: The predetermined amounts of money assigned to each department or entity within Oakland County for fiscal activities. 5. Responsible Spending: Emphasizes the need for careful, prudent, and accountable use of public funds to prevent waste and abuse. 6. Fiscal Responsibility: Refers to the obligation to manage finances in a prudent and accountable manner, ensuring transparency and avoiding unnecessary burden on taxpayers. 7. Wasteful Practices: Actions that lead to unnecessary or excessive expenditure, causing a strain on county resources and financial stability. 8. Balanced Financial Position: The state of equilibrium in which expenses do not exceed revenues, ensuring the county's long-term financial health. 9. Government Entities: Refers to the various departments, agencies, and organizations that operate under the administration of Oakland County. 10. Parties Involved: Individuals or organizations interacting with Oakland County and agreeing to abide by the Expense Limitation Agreement. Different types of Oakland Michigan Expense Limitation Agreements may exist, depending on the specific terms and conditions included in each agreement. Examples of these types could include department-specific expense limitation agreements, where individual departments within Oakland County agree to adhere to their allocated budgets. Other types could include broader county-wide agreements, involving multiple government entities coming together to mutually restrict expenditures. The exact categorization and terms of these agreements may vary depending on the specific needs and circumstances within Oakland County.