Unallocated Funds definition
Examples of Unallocated Funds in a sentence
A total of $2,000 must be allocated in the Unallocated Funds tab for Vehicle Maintenance.
Below are the main budget categories used by DYCD in HHS Accelerator Financials: • Personnel Services • Operations and Support • Utilities • Professional Services • Rent • Contracted Services • Indirect Rate • Unallocated Funds Completed budgets are submitted via HHS Accelerator Financials and first routed to the assigned DYCD Program Manager(s).
The balance of Unallocated Funds at any time represents Plan Sponsor contributions prior to allocation to Individual Accounts, forfeited portions of Individual Fund Accounts and cash dividends on Unallocated Shares, less any amounts used to pay for Shares of Stock.
Individual Fund Accounts and Unallocated Funds shall be expressed in dollars and cents.
If Unallocated Funds and Unallocated Shares are exhausted, liabilities and expenses may be paid first from the Individual Fund Accounts, on a pro rata basis, and, if necessary, then from the Individual Shares Accounts, on a pro rata basis.