Examples of Falls Far Below in a sentence
A Falls Far Below rating indicates that upon further review following a preliminary Pending rating, the Commission identifies significant financial risk and has concerns about financial viability such that heightened monitoring and/or intervention are necessary.
The Final Rating is Meets Target, Does Not Meet Target, or Falls Far Below Target.
The Final Rating is either Meets Standard, Does Not Meet Standard or Falls Far Below Standard.
Default:Source of Data: Audit and/or Received Directly from School□ Meets Standard□ School is not in default of loan covenant(s) and/or is not delinquent with debt service payments□ Does Not Meet Standard□ School is in default of loan covenant(s), but has worked with lender(s) to restructure debt service payments□ Falls Far Below Standard□ School is in default of loan covenant(s) and/or is delinquent with debt service payments.
Schools will be allowed one board-approved revised budget in a fiscal year.Source of Data: Received Directly from School□ Meets Standard□ ADM to Budget Variance greater than or equal to 95 percent in the most recent year□ Does Not Meet Standard□ ADM to Budget Variance is between 85 percent and 95 percent in the most recent year□ Falls Far Below Standard□ ADM to Budget Variance is less than or equal to 85 percent in the most recent year 1(d).
Total Liabilities divided by Total Assets Meets Standard: Debt to Asset Ratio is less than 0.9. Does Not Meet: Debt to Asset Ratio is between 0.9. and 1.0 Falls Far Below Standard: Debt to Asset Ratio is greater than 1.0 Due to the Reinstatement of Pension Liability, as required by GASB 68, Net Position may be higher than expected.
Falls Far Below Standard: Cash ratio is equal to or less than 0.9. Result Points Possible Points Earned 50 10 0 0 Measure 1c Unrestricted Days Cash Notes Unrestricted Days Cash: Unrestricted Cash divided by (Total Expenses minus Depreciation Expense/365) Meets Standard: 60 Days Cash OR Between 30 and 60 Days Cash and one-year trend is positive.
Section IV.A: Financial Oversight and Management☒ Meets the Standard☐ Does Not Meet the Standard☐ Falls Far Below the StandardCriterion IV.A.1Strengths:The applicant will utilize the accounting staff of Goodwill Industries of Hawaii, a well-established non-profit organization in Hawaii.
Educational organizations and agencies, such as the university and community colleges, are additional resources.Weaknesses:None Section III.F: Nonprofit Involvement☒ Meets the Standard☐ Does Not Meet the Standard☐ Falls Far Below the StandardCriterion III.F.1Strengths:The applicant is supported by a strong, well-respected non-profit entity, GIH.Weaknesses:In the application, the applicant states that the proposed school would exist as a non-profit entity.
Default:Source of Data: Audit and/or Received Directly from Schoolڧ Meets Standardڧ School is not in default of loan covenant(s) and/or is not delinquent with debt service paymentsڧ Does Not Meet Standardڧ School is in default of loan covenant(s), but has worked with lender(s) to restructure debt service paymentsڧ Falls Far Below Standardڧ School is in default of loan covenant(s) and/or is delinquent with debt service payments.