Examples of Excess Revenue in a sentence

Excess revenue above apportionment shall not be used for regular ongoing expenditures, such as salaries.
Excess revenue above apportionment shall be allocated at the college or district level for one-time purposes, such as to cover some of the unfunded obligation for the retiree benefit plans.
Excess revenue above apportionment shall not be used for any other purposes that will jeopardize the District’s future financial stability.
Less Interest and principal computed as provided in N.J.S.A. 40A:2-47(a) for all obligations authorized but not issued to the extent not already charged to income in the annual debt statement.3. Excess revenue prior to authorizing proposed obligations = (column 1 minus column 2)4.
Excess revenue contracts, loans and notes are secured by the excess of any general property tax and other revenues that were levied for operation of the General Fund.

More Definitions of Excess Revenue

Excess Revenue means the amount of general fund revenue, including transfers in, for the most recently completed fiscal year minus adjusted revenue.

Excess Revenue for a fiscal year means the excess, if any, of actual revenue for that fiscal year over the target revenue for that fiscal year.

Excess Revenue means the amount of general fund revenue, including transfers in, for the most

Excess Revenue means the total revenue achieved by such acquisition target during any applicable measuring period, less the Baseline Revenue (as defined below). As used herein, “Baseline Revenue” means the aggregate revenue of an acquisition target generated, in the good faith determination of Parent, during the twelve months immediately prior to and ending on the date of such acquisition (the “Baseline Measurement Period”). In the event an Earnout Measurement Period is shorter than twelve months, then the Excess Revenue shall be calculated based upon the revenue of the acquisition target for such shorter period, less the portion of Baseline Revenue earned by the acquisition target during the comparable portion of the Baseline Measurement Period.

Excess Revenue has the meaning set forth in Section 2.6(a).

Excess Revenue means PFC revenue collected, plus interest, exceeding the allowable costs of a project(s). Excess revenue may also include revenue generated from the sale of property purchased with PFC funds.