Sentences with phrase «reserve board increases»

Not exact matches

The board, noting this underperformance as well as the company's increased production a reserve replacement, granted Mr. Nichols a $ 2.1 million bonus.
In the 2009 proxy filing, the board stated the increase «was appropriate based on the long - term value created by the addition of significant production and reserve potential in emerging natural gas plays.»
At the same time, a state aid increase and use of reserve funds helped the vast majority of school boards stay within the property tax cap.
These additional adjustments include funds to restore the Self - Insurance Fund to the 2016 level ($ 8 million) and increase the financial reserve to the Board - required 3 % ($ 5.2 million).
The FHA increased insurance requirements to rebuild its capital reserves, and it imposed new guidelines to reduce risk across the board.
Members of the Board of Directors are elected by their local associations and are responsible for amending the association's bylaws, electing officers, approving expenditures from general reserves that exceed 10 % of the annual budget, approving the association's strategic plan, approving an increase in membership dues, and defining regional boundaries.
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