Fiscal emergency means an extraordinary occurrence requiring immediate expenditures and includes the settlement under Laws of Utah 1988, Fourth Special Session, Chapter 4.
Fiscal emergency means any of the following:
Fiscal emergency means an extraordinary occurrence requiring immediate
Examples of Fiscal emergency in a sentence
Fiscal emergency is defined as the time when District revenues decrease to a level that it becomes necessary to RIF personnel.
Fiscal emergency is the most severe declaration regarding a local government’s financial solvency.
Fiscal emergency → The client is not eligible for agreed-upon procedures.
Fiscal emergency is defined as the time when District revenues decrease to a level that it becomes necessary to RIF personnel other than RIF’s caused by loss of State or Federal Grant Funding.
Fiscal emergency measures and the fall in nominal GDP pushed the central government deficit to a record-breaking 7.8 percent of GDP, while the general government debt-to-GDP ratio hit a record high of 66.9 percent of GDP.8 Despite this comprehensive response, the efforts were not enough to prevent an increase in poverty.
More Definitions of Fiscal emergency
Fiscal emergency means the existence of fiscal emergency conditions.
Fiscal emergency means the existence of fiscal emergency conditions determined as provided in section 118.04 of the Revised Code.
Fiscal emergency means a fiscal emergency declared by the governor under section 126.05 of the Revised Code.
Fiscal emergency means a major disruption in county operations or services caused by the unforeseen and sudden significant decrease or elimination of funding from the United States government or Legislature that was appropriated in the county's current budget.
Fiscal emergency means an extraordinary occurrence requiring immediate 1672 expenditures and includes the settlement under Laws of Utah 1988, Fourth Special Session, 1673 Chapter 4. 1674 (5) "Fiscal year" means the time period beginning on July 1 of any given year and 1675 ending on June 30 of the subsequent year. 1676 (6) "Fiscal year 1985 actual base year appropriations" means fiscal year 1985 actual 1677 capital and operations appropriations from General Fund and non-Uniform School Fund 1678 income tax revenue sources, less debt money. 1679 (7) "Inflation index" means the change in the general price level of goods and services 1680 as measured by the Gross National Product Implicit Price Deflator of the Bureau of Economic 1681 Analysis, U.S. Department of Commerce calculated as provided in Section 63J-3-202. 1682 (8) (a) "Maximum allowable appropriations limit" means the appropriations that could 1683 be, or could have been, spent in any given year under the limitations of this chapter. 1684 (b) "Maximum allowable appropriations limit" does not mean actual appropriations 1685 spent or actual expenditures. 1686 (9) "Most recent fiscal year's inflation index" means the fiscal year inflation index two 1687 fiscal years previous to the fiscal year for which the maximum allowable inflation and 1688 population appropriations limit is being computed under this chapter. 1689 (10) "Most recent fiscal year's population" means the fiscal year population two fiscal 1690 years previous to the fiscal year for which the maximum allowable inflation and population 1691 appropriations limit is being computed under this chapter. 1692 (11) "Population" means the number of residents of the state as of July 1 of each year 1693 as calculated by the Governor's Office of Planning and Budget according to the procedures and 1694 requirements of Section 63J-3-202. 1695 (12) "Revenues" means the revenues of the state from every tax, penalty, receipt, and 1696 other monetary exaction and interest connected with it that are recorded as unrestricted revenue 1697 of the General Fund and from non-Uniform School Fund income tax revenues, except as 1698 specifically exempted by this chapter. 1699 (13) "Security" means any bond, note, warrant, or other evidence of indebtedness, 1700 whether or not the bond, note, warrant, or other evidence of indebtedness is or constitutes an 1701 "indebtedness" within the meaning of any provision of the constitution or laws of this state.
Fiscal emergency means the existence of fiscal emergency conditions determined as
Fiscal emergency means that the agency is projected to have “negative working capital” within one year from the date that the agency makes the finding that a fiscal emergency exists. In calculating the available working capital, a transit agency adds together all unrestricted cash, unrestricted short-term investments, and unrestricted short-term accounts receivable and then subtracts unrestricted accounts payable. Employee retirement funds, including Internal Revenue Code Section 457 deferred compensation plans and Section 401(k) plans, health insurance reserves, bond payment reserves, workers’ compensation reserves, and insurance reserves, are excluded from this calculation.