Stabilization account definition

Stabilization account means the budget stabilization account created under RCW 43.88.525 as an account in the general fund of the state treasury.
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Stabilization account means the account in the Debt Service Fund established pursuant to Section 502;
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Stabilization account means the budget stabilization account
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Examples of Stabilization account in a sentence

  • To see if the Town will vote to raise and appropriate or transfer from available funds the sum of money to fund the establishment of a Stabilization account for Fire equipment apparatus repair and acquisition pursuant to Massachusetts General Laws, Chapter 40, Section 5B or take any other action relative there to.

  • The balance of the Stabilization account, including these funds, is $2,218,396.00.

  • Said expenditures to be funded by transferring $75,000 from the Highway Stabilization account, $200,000 from General Stabilization and appropriating $330,000 from the available FY22 Free Cash.

  • The Capital Stabilization account has a balance of approximately $630,000 as of April 2022.

  • Linfox training aims to be both pro-active and also supportive in reaction to the needs of staff in meeting both safety and efficiency objectives for the benefit of the individual and the company.

  • Development of an adequate General Stabilization account is a foundational element of the Town’s financial policies, which specify that its balance should equal between 5% and 10% of the prior year’s gross operating revenue.

  • Current balance of the Capital Stabilization account is $74,767.65.

  • The State maintains a Revenue Stabilization account (the Rainy Day Fund) established by RSA 9:13-e.

  • A Town of Groton held Capital Stabilization account will allow Groton to be prepared to pay its share of Capital costs.

  • I do not see how we can make decisions on the use of the Rate Stabilization account prior to having the audited financials to calculate the appropriate DSC.


More Definitions of Stabilization account

Stabilization account means the account in the Debt Service Fund so designated and created in accordance with Section 502;
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Stabilization account. [capped at 80% of the Purchase Payment]. STABILIZED PAYMENT: The Stabilized Payment is equal to this adjusted sum and then adjusted again such that:
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Stabilization account. An account that increases with the excess of the Supportable Payment over the Stabilized Payment and decreases with the excess of the Stabilized Payment over the Supportable Payment. The Stabilization Account, when positive, is credited with the investment gains or losses of the Investment Options chosen by Contract Owner. The Stabilization Account is used to stabilize income payments. It is paid out at death or at full withdrawal.
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Related to Stabilization account

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Principal Accumulation Account means the account designated as such, established and owned by the Issuer and maintained in accordance with Section 4.2.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Administration Account As defined in Section 7.02.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Rounding Account Not applicable.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Purchase Account means the account so designated in each Purchase and Remarketing Fund.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.