Annual Surplus definition

Annual Surplus means the accumulated excess of revenues over expenditures for the current year.
Annual Surplus means the accumulated excess of revenues over expenses for the current year.
Annual Surplus means the accumulated excess of revenues over expenditures for the current year. “District” means the organization of the District of Lake Country.

Examples of Annual Surplus in a sentence

  • Annual Surplus represents non-renewable savings and should not be used for operating purposes or for on-going capital projects.Unappropriated Surpluses may be considered as a funding source for one-time expenditures, and where the original source of funding for the one-time expenditure was taxation in a prior year.

  • Comptroller Kakigi informed the Board that she would still like to explore the option of a collection agency for the more current accounts and that although the staff’s collection efforts for the 60 day past due accounts are aggressive, there is no manpower for anything beyond that.

  • It shall be lawful to the Society in General Meeting on the recommendation of the Committee to apply any part of the Annual Surplus or any amount standing to the credit of a Reserve Account of the Society to the allocation of fully paid-up bonus shares in the Society to the members of the Society upon such terms and subject to such conditions as the Society shall think proper including the issue of bonus shares related to all or part of a members trade with the Society.

  • Response shall prepare annual financial statements on a cash basis for the separate operations of each Clinic and shall prepare an annual pro-forma, accrual basis combined income statement for all Clinics for purposes of determining the Annual Surplus.

  • Annual Surplus (Deficit)The Annual Surplus (Deficit) reflects the net of the revenues, operating expenditures, amortization and capital spending not resulting in water tangible capital assets for the year.

  • The event is currently sold out but there is a waiting list in the BEF Office if any tickets become available.• Annual Surplus Sale will be held Saturday, September 17 from 8:00-10:00 a.m. at the 310 Stadium Drive warehouse.

  • The event sold out and raised over $22,000.• Annual Surplus Sale will be held Saturday, September 17 from 8:00-10:00 a.m. at the 310 Stadium Drive warehouse.

  • Contact the BEF office to purchase tickets and see the BEF website for more information.• Annual Surplus Sale will be held Saturday, September 17 from 8:00-10:00 am.

  • The Board’s 2017-2018 Annual Surplus of $6,816,841 consists of $3,662,482 as a result of Board Operations Available for Compliance – Internally Appropriated and $3,154,359 as a result of changes to Employee Future Benefits, School Generated Funds and Revenues recognized for land, Unavailable for Compliance.

  • The statement of change in net debt reports the acquisition of tangible capital assets in the accounting period as well as other significant (prepaid expenses and supplies inventories) items that explain the difference between the Annual Surplus (Deficit) (item 1) and the change in net debt in the period (item 4).


More Definitions of Annual Surplus

Annual Surplus means Practice Revenue (hereinafter defined) less the sum of the Clinic Expense Portion of the Base Service Fee (hereinafter defined), Practice Retainage (hereinafter defined) and Physician Employee Compensation (hereinafter defined).
Annual Surplus means excess of revenues over expenditures for the current year.
Annual Surplus means the accumulated excess of revenues and transfers from others over expenditures and transfers to others for the current year.
Annual Surplus means the result of the Cooperative’s activities as shown by the Account of Profits and Losses at the end of the fiscal year when profits exceed expenses and losses.

Related to Annual Surplus

  • Operating Surplus means, with respect to any period ending prior to the Liquidation Date, on a cumulative basis and without duplication,

  • Common Surplus means the amount of all receipts or revenues, including assessments, rents, or profits, collected by a condominium association which exceeds common expenses.

  • Available Cash means, with respect to any Quarter ending prior to the Liquidation Date:

  • Surplus Fund means the fund by that name established pursuant to the Second Resolution.