Permanent funds definition

Permanent funds means funds whose principal may not be expended, the earnings from which are to be used for purposes designated by law.
Permanent funds means funds whose principal may not be expended, the
Permanent funds means the permanent Wyoming mineral trust fund under W.S. 9-4-204(u)(iii), the Wyoming permanent land fund under W.S. 9-4-204(u)(iv), the excellence in higher education endowment fund under W.S. 9-4-204(u)(vi), the Hathaway student scholarship endowment fund under W.S. 9-4-204(u)(vii) and the Hathaway expand Wyoming scholarship endowment fund under W.S. 9-4-204(u)(viii);

Examples of Permanent funds in a sentence

  • Permanent funds are used to account for and report resources that are restricted to the extent that only earnings, and not principal, may be used for purposes that support the government’s programs and benefit the government or its citizenry.

  • Governmental fund 50 should be used to record the accounting for Permanent funds.

  • Permanent funds are used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the City's programs.

  • Permanent funds consist of the Blandford Cemetery Perpetual Care, Clara J.

  • Permanent funds do not include private-purpose trust funds, which should be used to report situations in which the government is required to use the principal or earnings for the benefit of individuals, private organizations, or other governments.

  • Permanent funds are used to account for resources when the interest of the corpus (principal) can be used by the District.

  • The City does not currently utilize Trust, Agency, or Permanent funds.

  • Permanent funds account for resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the City’s programs.

  • Permanent funds are used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for the benefit of the City.

  • Permanent funds are used to account for financial resources that are restricted to the extent that only earnings, not principal, may be used for purposes that support the governmental programs.


More Definitions of Permanent funds

Permanent funds means funds whose principal may not be expended, the 2106 earnings from which are to be used for purposes designated by law. 2107 (24) "Permitted depository" means any out-of-state financial institution that meets 2108 quality criteria established by rule of the council. 2109 (25) "Public funds" means [monies] money, funds, and accounts, regardless of the 2110 source from which the [monies] money, funds, and accounts are derived, that are owned, held, 2111 or administered by the state or any of its boards, commissions, institutions, departments, 2112 divisions, agencies, bureaus, laboratories, or other similar instrumentalities, or any county, city, 2113 school district, political subdivision, or other public body. 2114 (26) (a) "Public [monies] money" means "public funds." 2115 (b) "Public [monies] money," as used in Article VII, Sec. 15, Utah Constitution, means 2116 the same as "state funds." 2117 (27) "Public treasurer" includes the state treasurer and the official of any state board, 2118 commission, institution, department, division, agency, or other similar instrumentality, or of 2119 any county, city, school district, political subdivision, or other public body who has the 2120 responsibility for the safekeeping and investment of any public funds. 2121 (28) "Qualified depository" means a Utah depository institution or an out-of-state 2122 depository institution, as those terms are defined in Section 7-1-103 that is authorized to 2123 conduct business in this state under Section 7-1-702 or Title 7, Chapter 19, Acquisition of 2124 Failing Depository Institutions or Holding Companies, whose deposits are insured by an 2125 agency of the federal government and that has been certified by the commissioner of financial 2126 institutions as having met the requirements established under this chapter and the rules of the 2127 council to be eligible to receive deposits of public funds. 2128 (29) "Qualifying repurchase agreement" means a repurchase agreement evidencing 2129 indebtedness of a financial institution or government securities dealer acting as principal 2130 arising from the transfer of obligations of the United States Treasury or other authorized 2131 investments to public treasurers only if purchased securities are: 2132 (a) delivered to the public treasurer's safekeeping agent or custodian as contemplated 2133 by Section 7 of the Master Repurchase Agreement; and 2134 (b) valued and maintained at market value plus an appropriate margin collateral 2...
Permanent funds means the land grant
Permanent funds means the land grant permanent funds, rural libraries endowment fund, severance tax permanent fund, tobacco settlement permanent fund, conservation legacy permanent fund and water trust fund;
Permanent funds means the permanent Wyoming mineral trust fund under
Permanent funds means the permanent Wyoming mineral trust fund under W.S. 9‑4‑204(u)(iii), the Wyoming permanent land fund under W.S. 9‑4‑204(u)(iv), the excellence in higher education endowment fund under W.S. 9‑4‑204(u)(vi) and the Hathaway student scholarship endowment fund under W.S. 9‑4‑204(u)(vii);

Related to Permanent funds

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Employer Contributions means the amount transferred by an employer to a funding account or a health reimbursement account.