Restricted fund balance definition

Restricted fund balance means the accumulation of funds reserved for use as capital improvements or as down payments for a fixed asset acquisition, that must be used exclusively for its intended purpose.
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Restricted fund balance means the difference between the assets and liabilities of the restricted fund identified at the closeout of the fiscal year.
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Restricted fund balance means Fund Balance amounts that can be spent only for the specific purposes stipulated by external resource providers either constitutionally or through enabling legislation. Examples include Grants and impact fees.
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Examples of Restricted fund balance in a sentence

  • Restricted fund balance includes amounts that have constraints placed upon the use of the resources either by an external party or imposed by law through a constitutional provision or enabling legislation.

  • The following are descriptions of fund classifications used by the County: Restricted fund balance includes amounts that have constraints placed upon the use of the resources either by an external party or imposed by law through a constitutional provision or enabling legislation.

  • RSS is included as a component of Restricted Net position and Restricted fund balance on the face of the balance sheet.

  • Restricted fund balance is the portion of fund balance on which constraints have been placed by creditors, grantors, contributors, laws or regulations of other governments, constitutional provisions, or enabling legislation.

  • Restricted fund balance represents amounts that are constrained either externally by creditors (such as debt covenants), grantors, contributors or laws or regulations of other governments; or by law, through constitutional provisions or enabling legislation.

  • Restricted – Restricted fund balance consists of amounts that have constraints placed on them either externally by third parties (creditors, grantors, contributors, or laws or regulations of other governments) or by law through constitutional provisions or enabling legislation.

  • Restricted fund balance places the most binding level of constraint on the use of fund balance.

  • Restricted fund balance places the most binding level of constraint on the use of fund balance. Unassigned Fund Balance.

  • Restricted fund balance places the most binding level of constraint on the use of fund balance.⚫ Unassigned Fund Balance.

  • Restricted fund balance represents amounts that are constrained either externally by creditors (such as debt covenants), grantors, contributors, or laws and regulations of other governments; or by law through constitutional provision or enabling legislation.


More Definitions of Restricted fund balance

Restricted fund balance means the portion of a local health department's total fund balance that is restricted by the Department for Public Health for use for a specific program's expenses or other items of expense.
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Related to Restricted fund balance

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Reserve Fund Required Amount means, for (i) any Payment Date on which the Note Balance is greater than $0, $3,840,966.96 (i.e., 0.25% of the Cutoff Date Adjusted Pool Balance) or (ii) if the Notes have been paid in full, $0; provided, however, that the Reserve Fund Required Amount may not exceed the Note Balance.

  • Excess Available Funds Percentage means, with respect to any Transfer Date, the amount, if any, by which the Portfolio Yield for the preceding Monthly Period exceeds the Base Rate for such Monthly Period.