Unencumbered Funds definition
Unencumbered Funds means the portion of the allocation to each district that has not been committed for cost sharing.
Unencumbered Funds means those funds which become available during a fiscal year due to underexpenditure of grant funds by awardees or delayed start-up of newly funded programs.
Unencumbered Funds has the meaning set forth in paragraph 44(a) of this Final Order.
Examples of Unencumbered Funds in a sentence
As to Unencumbered Funds only, that the City determines Unencumbered Funds are available in the North York Street TIF District special tax allocation fund to reimburse the School District for all or a portion of the Capital Expenses at the time the School District submits a request for reimbursement of Capital Expenses.
The Capital Expenses shall be paid from Unencumbered Funds and Pledged Funds, as set forth below in this Section 2.c.
More Definitions of Unencumbered Funds
Unencumbered Funds means those funds within the Budget for which a Contract has not yet been entered into and/or for which no expenditure has been made.
Unencumbered Funds means funds in the Inland Protection Trust Fund (IPTF) which have not been committed through unperformed (executory) contracts for goods or services. Applications for reimbursement submitted under the provisions of this rule do not create an encumbrance of the IPTF until they have been submitted to the Department of Banking and Finance for payment following approval by the Department of Environmental Protection.