City Budget Stabilization Account. The account established to hold funds transferred from balances maintained in the previously established reserve accounts for use in fulfilling a portion of the City Funding Requirements. The corpus and earnings generated from such account balance shall be utilized until exhausted to provide stability in the periodic establishment of the City Contribution Rate and in giving to the City greater flexibility in its funding options.
Appears in 7 contracts
Samples: Retirement Reform Agreement, Retirement Reform Agreement, Retirement Reform Agreement
