Examples of Generated revenue in a sentence
School Generated revenue relates to student fees and grants at the school level.
Generated revenue is all revenue and income derived from any proceedings, function, production, or other fund raising event which has been funded with ASI funds, either wholly or in part.
Generated revenue can be in the form of direct return on the timber harvested, or in delayed return from increased future revenue as a result of increased tree growth resulting from an intermediate treatment.
The Assembly is also initiating strategies to improve Internally Generated revenue in the coming year.
The total amount received represents 91.98% of the approved estimate amount of (N1, 955,000,000).Recommendation:- The Local Government should improve sources of Internally Generated revenue so as to bridge the gap of under collection from Federation account to minimize budget deficits.
Within the financial year ended 31ST December, 2018, the sum of Seven Million, One Hundred and Ninety Four Thousand, Six Hundred and Eight Naira only (N7,194,608) was realized by the Local Government as Internally Generated Revenue.Recommendation:- It was observed that only 56.91% of the budgeted Internally Generated revenue of Twelve million, six hundred and forty thousand naira (N12,640,000) only was realized.
Generated revenue will be 100% dedicated to revenue fleet replacement (fixed route buses and paratransit vans).
Generated revenue (R) therefore consists of principal repayments (P), interest payments (I) and paid fees (F).
The amount received represents 88.16% of the estimated amount of One billion, nine hundred and twenty two million naira only (N1, 922,000,000).Recommendation: - The Local Government should improve source of Internally Generated revenue so as to bridge the gap of under collection from Federation Account.
Ms Ifueko Omoigui, Executive Chairman, Federal Inland revenue Services, in a paper titled “ Building aViable State: Deepening/Widening Internally Generated revenue for Effective Capital Financing”, delivered at the Governor‟s Forum, Abuja 26th October, 2007While it is indubitable that Nigeria is a federal country in form,12 the long period of military rule seems to have bequeathed a system that leans more in favour of a unitary system in its substance.