Examples of General Purpose Fund in a sentence
Neither the Family and Guardian- ship Code nor other state provisions define the concept of clergyman or priest.
It is also highlighted that if the students are prepared to make use of technology enabled mobiles then there are more chances that the adoption of mobile learning systems will be high.
Funding for non-operating projects and purchases shall be restricted within the General Purpose Fund.
Council hereby declares that it shall be the policy of the City of Oakland to provide in each fiscal year a reserve of undesignated, uncommitted fund balance equal to seven and one-half (7.5%) of the General Purpose Fund (Fund 1010) appropriations for such fiscal year (the "General Purpose Fund Emergency Reserve Policy").
Until the value in such fund is projected to equal to 15% of General Purpose Fund revenues over the coming fiscal year.
The City accumulated a reserve fund in accordance with the Reserve Fund Balance of 7.5% of the General Purpose Fund as of June 30, 2018.
In cases when non-capital, operating projects and purchases must be funded in the General Purpose Fund, these shall be included in an annual budget and supported with new annual revenues.
For purposes of these calculations, unrestricted General Purpose Fund local tax revenues will be limited to ongoing revenues including: property taxes, sales taxes, business license taxes, utility user taxes, real estate transfer taxes, transient occupancy taxes, and parking taxes.
These funds include the Tax Fund, the Operations Fund, and the General Purpose Fund.
Wage Increase Tied to Revenue Growth If FY 2018-19 General Purpose Fund unrestricted local tax revenues, as forecast in the Third Quarter Revenue & Expenditure Report, exceed the General Purpose Fund unrestricted local tax revenues for FY 2018-19 as approved in the FY 2017-19 Adopted Policy Budget by 4.5% or more, bargaining unit members shall receive an additional 1.0% wage increase effective retroactive to the first pay period after January 1, 2019.