Examples of RSS in a sentence
Restricted by State statute (RSS), is calculated at the end of each fiscal year for all annually budgeted funds.
Per GASB guidance, RSS is considered a resource upon which a restriction is “imposed by law through constitutional provisions or enabling legislation.” RSS is reduced by inventories and prepaids as they are classified as nonspendable.
RSS is included as a component of Restricted Net position and Restricted fund balance on the face of the balance sheet.
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The Contractor shall identify required RSS and occupational medicine services as required by Section C, Statement of Work, Government-Furnished Services and Information (GFS/I).