Examples of Available local revenue in a sentence
Available local revenue" means the sum of the school building fund account balance; the bonding potential of the capital outlay and building funds[fund]; and the capital outlay fund account balance on June 30 of odd-numbered years[; and the general fund balance minus ten percent (10%) of the annual general fund budget].
KRS 157.615 is amended to read as follows:As used in KRS 157.611 to 157.665[157.640], unless the context requires otherwise:(1) "Available local revenue" means the sum of the school building fund account balance; the bonding potential of the capital outlay and building funds; and the capital outlay fund account balance on June 30 of odd-numbered years.
Available local revenue data indicate that own source revenues for the district level (excluding sub-country revenues) has decreased not only in relative terms in Uganda, but declined considerably in nominal terms, from UShs 80.1 billion in 2003/04 to UShs39.5 billion in 2006/07 (Steffensen 2008).