Federal receipts definition

Federal receipts means the federal financial assistance, as defined in 31 U.S.C. Sec. 7501, that is reported as part of a single audit.
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Federal receipts means the federal financial assistance, as defined in 31 U.S.C.
Sample 1Sample 2Sample 3
Federal receipts means the federal financial assistance, as defined in 31 U.S.C. Sec. 7501 on September 28, 2013, that is reported as part of a single audit.
Sample 1Sample 2

Examples of Federal receipts in a sentence

  • While the focus of the section is on total Federal receipts, auxiliary data show the amounts of trust fund receipts in each category, so it is readily possible to distinguish the Federal fund and trust fund portions.

  • Va of Emergency Services - Funding to State and Local Government Agencies and Supporting Organizations, June, 1992 REVENUE FROM THE FEDERAL GOVERNMENT The City’s Comprehensive Annual Financial Report itemizes Federal receipts on the Schedule of Federal Awards, according to the Catalog of Federal Domestic Assistance catalog numbers.

  • Action taken under this paragraph is effective when the last director signs the consent, unless the consent specifies a different prior or subsequent effective date.

  • With respect to a Federal program or activity for which no fiscal baseline has been established, this memorandum shall not be construed to require that such program or activity be conducted in a way that increases or decreases Federal receipts or expenditures relative to the level that would obtain if Puerto Rico were treated other than as a State.

  • It includes a discussion of the concepts underlying the organization of the Budget and the presentation of Budget data, economic assumptions underlying the Budget estimates, Federal receipts and collections, including user fees and tax expenditures, Federal spending, the Budget Enforcement Act, and other topics.

  • Federal receipts include pass throughs for Pell grants and loans for medical students.

  • Additionally, due to COVID-19, it is expected that other revenues, such as medical services, will sustain a negative impact.■ Federal receipts are expected to remain stable from FY2020-2025.

  • Actual Federal receipts are a combination of current year projected revenues and prior year adjustments, which are presented as reserve items.

  • Due to the existence of multiple tax brackets, the loss of Federal receipts is greater than the reduction in thetax-exempt issuer’s interest cost.

  • Amended by Chapter 222, 2016 General Session 63J-1-219 Definitions -- Federal receipts reporting requirements.

Related to Federal receipts

  • Residual Receipts means for each calendar year, the amount by which Gross Revenue exceeds Annual Operating Expenses.

  • Federal poverty level means the poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services in the Federal Register.