Operating Funds definition
Examples of Operating Funds in a sentence
The School District seeks to maintain year-end fund balances no less than 25 percent of the annual budgeted amount in the Operating funds (Education, O&M, Transportation, and Working Cash).
Operating funds shall be held by MANAGER in trust for the benefit of OWNER and shall be disbursed in accordance with the terms of this AGREEMENT.
The CHDO hereby acknowledges and agrees that this agreement is a reimbursement contract and that HOME CHDO Operating funds shall be made available only on a reimbursement basis and only for CHDO Operating Expense eligible expenses.
Operating funds for the Public Housing Program and administrative fees for the Section 8 Program will be approved through the annual budget process.
Operating funds required for this lease are budgeted in the Sustainable Street Division’s budget.