Budget stabilization reserve definition

Budget stabilization reserve means the amount of unappropriated fund balance in the budget
Sample 1Sample 2Sample 3
Budget stabilization reserve means the amount of unappropriated fund balance in the budget stabilization reserve fund up to 4.5% 16% of all general fund revenue appropriations in the second year of the
Sample 1Sample 2
Budget stabilization reserve means the amount of unappropriated fund balance in the long-range
Sample 1Sample 2Sample 3

Examples of Budget stabilization reserve in a sentence

  • The base budget for the state general fund and state special revenue funds may not exceed that level of funding authorized by the previous legislature.(5) "Budget amendment" means a temporary appropriation as provided in Title 17, chapter 7, part4.(6) "Budget stabilization reserve" means the amount of unappropriated fund balance in the budget stabilization reserve fund up to 4.5% 16% of all general fund revenue appropriations in the second year of thebiennium.

  • Budget stabilization reserve" means the amount of unappropriated fund balance in the budgetstabilization reserve fund up to 4.5% 16% of all general fund revenue appropriations in the second year of the biennium.

  • Budget stabilization reserve fund -- rules for deposits and transfers -- purpose.

  • Budget stabilization reserve" means the amount of unappropriated fund balance in the budget stabilization reserve fund up to4.5% 16% of all general fund appropriations in the second year of the biennium.

  • Budget stabilization reserve UMS established this reserve to weather the financial impacts of adverse investment markets, State of Maine economic conditions, and other financial challenges.

  • Budget stabilization reserve funds may be used with a majority vote of Town Council for the following purposes: • Essential operations of the Town that are threatened by worsening economic conditions,• Opportunities to pursue capital projects that would be of future benefit to the Town,• Emergency purposes, and• Instances for which Town Council deems funding necessary to meet the needs of the Town.

Related to Budget stabilization reserve

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • road reserve ’ means the area contained within the statutory width of a road, and includes roadways, shoulders and sidewalks and the airspace above such roadways, shoulders and sidewalks and all other areas within the road reserve boundary;

  • Professional Fee Reserve Amount means the total amount of Professional Fee Claims estimated in accordance with Article II.A.2(c) of the Plan.

  • Required Reserve means, on any day during a Calculation Period, the product of (a) the greater of (i) the Required Reserve Factor Floor and (ii) the sum of the Loss Reserve, the Yield Reserve, the Dilution Reserve and the Servicing Reserve, times (b) the Net Pool Balance as of the Cut-Off Date immediately preceding such Calculation Period.

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.

  • Capital Base means, at any date, the sum of Tangible Net Worth and Subordinated Debt.

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Required Reserve Amount means, with respect to any Payment Date, the lesser of (a) 0.25% of the difference of the Aggregate Starting Principal Balance less the Yield Supplement Overcollateralization Amount as of the applicable Cutoff Date of all Receivables transferred to the Trust and (b) the Outstanding Amount of the Notes.

  • Targeted case management means services that assist a beneficiary to access needed 2 medical, educational, social, prevocational, vocational, rehabilitative, or other community services. The 3 service activities may include, but are not limited to, communication, coordination and referral;

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • Qualified rehabilitation expenditures means capital

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment” or similar items reflected in the consolidated statement of cash flows of Company and its Subsidiaries.