Administrative fund definition
Examples of Administrative fund in a sentence
APSRRDA and PIUs keep separate account of receipts and expenditure for Programme fund, Administrative fund and Maintenance fund as per prescribed procedure.
Each owner will receive a fee notice with one amount that will also show a breakdown of the Administrative fund and Maintenance Fund fee portions where applicable.
Unrestricted funds are allocated to the Administrative fund as needed.
Paul Parker made a motion, seconded by Ricky Amey and passed unanimously, to transfer funds up to 10K from the General and Administrative fund to the Water System fund until the assessment or analysis of the city’s water system rates arecompleted by the University of North Carolina that holds the data on over 500 different water systems in the state of Georgia in consideration of future water rate increase information.
Except for the Administrative fund, which is shared amongst the other four funds, revenues and expenses for each fund must remain within the fund and cannot be assigned to any other purpose.