Revenue Fund definition
Examples of Revenue Fund in a sentence
All unencumbered funds return to the General Revenue Fund unallocated.
The Fiscal Year 2025-26 General Appropriations Act (GAA) provides funds from the Child Care and Development Block Grant Trust Fund, General Revenue Fund, Welfare Transition Trust Fund, and Social Services Block Grant, for the programs described in this Agreement.
The City shall deposit all Gross Revenues in the Revenue Fund promptly upon the receipt thereof, and shall apply amounts in the Revenue Fund solely for the uses and purposes set forth herein and in the Parity Obligation Documents.
Legislation passed during Special Session 2022D (Ch. 2022-268, L.O.F.) authorized transfers of up to $2 billion from the General Revenue Fund to the State Board of Administration (SBA) to cover the state’s financial obligations resulting from the Reinsurance to Assist Policyholders (RAP) Program, and up to $5 million for the administration of the program and post-event examinations for covered events that require RAP coverage.
Subject to the foregoing sentence, so long as no Default has occurred and is continuing hereunder or would result therefrom, the City may at any time and from time to time use and apply moneys in the Revenue Fund for (i) the acquisition and construction of improvements to the System; (ii) the prepayment of this Installment Purchase Agreement or Parity Obligations; or (iii) any other lawful purpose of the City.