Agency Funds. Provide Application Assister services through a multi-provider agreement for each of the eight (8) Medicaid managed care regions. The Application Assisters will educate consumers and facilitate enrollment for individuals and small employer groups on the Exchange and conduct public outreach and education activities to raise awareness and reach underserved, vulnerable and difficult to access populations in Kentucky. The vendors selected for these services include Community Action Kentucky (Regions 1, 2, 4, 5, 6, and 7); Kentuckiana Regional Planning and Development Agency (Region 3); and Kentucky Primary Care Association (Region 8).
Agency Funds. The Agency Funds shall be deposited and held by the Agency as the Agency shall determine, to be disbursed as provided in this Agreement. The Agency Funds are not pledged to Construction Lender nor shall they constitute security for the Construction Loan.
Agency Funds. Subject to all the terms and conditions of this Agreement, and within the time set forth in the Schedule of Performance, the Agency shall provide as Acquisition Funds the following amounts: Ten Million Eighty Eight Thousand Five Hundred Ninety Seven Dollars ($10,088,597) from Agency funds; Three Million Eight Hundred Thirty Two Thousand Three Hundred Fifty Eight Dollars ($3,832,358) from proceeds received by the Agency from the Developer for the purchase of Subarea A; Four Hundred Forty Thousand Five Hundred Dollars ($440,500) in Economic Development Initiative grant funds from the HUD Loan; and any additional Economic Development Initiative grant funds released to the Agency from the interest reserve fund held by the City as part of the HUD Loan pursuant to the terms of the HUD Loan documents.
Agency Funds. Organization Information
Agency Funds. University Sponsor (financial manager) or Agency Representative Name Associated University Department
Agency Funds. The City and County hereby consent (i) to the amounts to be paid in lieu of taxes for property located in the Increment District from the Company as set forth in Schedule 1.1; (ii) to the amounts payable by other parties from time to time under similar agreements; and (iii) the Agency retaining the Increment Payments such that the Agency has the ability to pledge the Increment Payments payable hereunder and under like agreements with other parties from time to time and under any other agreements with the City or County or with public benefit corporations formed for the benefit of the City or County relating to payments in lieu of taxes in the Increment District; provided that in no event shall the Agency Retained Amounts exceed 75% of the Increment Payments at any given time.
Agency Funds. The Parties acknowledge and agree that Agency will provide certain funds in the approximate amount of One Hundred Fifty Thousand Dollars ($150,000) for the purpose of funding a portion of the grants provided pursuant to the Program within the SEDC LSSD Area. Such funds are currently available for this Program in the Agency’s Fiscal Year
Agency Funds. The Agency Fund accounts for assets and liabilities of the Central Coast Cities Self Insurance Fund for Workers’ Compensation, which was established for tail claims occurring before July 1, 2004. Agency funds are included in this report on the Statement of Fiduciary Assets and Liabilities and in footnote 10. Total operating expenses were $78.9 million in 2015, which was a -5.9% decrease from the prior year. The most significant contributing factor to the decrease was lower claim reserves needed for the workers’ compensation program. Operating expenses are divided into the following categories: (1) coverages, (2) general and administrative, and (3) contractual services. Incurred claims expenses are composed of net claim payments as well as the change in claim reserves as determined by an independent actuary. Excess and reinsurance premiums are a significant part of the cost of coverage. In 2015 the Authority paid $16.4 million in excess and reinsurance premiums for all coverage programs, including the property insurance program, which represented no material change from the prior year. On a consolidated basis, 2015 coverage expenses totaled $70.8 million. Total assets as of June 30, 2015 were $304.6 million. Cash and investments made up 78.6% of the assets, while retrospective deposits receivable from members made up 15.8%. Footnote 5 provides more detailed information on retrospective deposit balances. “Net investment in capital assets” is the designation for fixed assets including land, buildings, office equipment, and software qualified under GASB 51 guidelines. Items subject to depreciation are reported net of depreciation on the Statement of Net Position.
Agency Funds. These are funds provided by nonprofit organizations to be invested for their benefit.
Agency Funds. The Agency shall initiate and prosecute to completion all proceedings necessary, including federal-aid requirements, to enable the Agency to provide the necessary funds for completion of the project.
