Unrestricted fund balance definition

Unrestricted fund balance means the portion of a local health department's total fund balance that is not limited by the Department for Public Health for a specific program's expenses or other items of expense.
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Unrestricted fund balance means any funds of the Agency which may be available for use by the Agency for any purpose, and which are not required by any contract of the Agency or any Bond Resolution to be retained in any fund or account established for the security of the Bonds.
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Unrestricted fund balance means funds that are in excess of planned expenses and are not reserved for a specific purpose and are used to efficiently operate and maintain the Districts facilities. These funds are necessary to maintain sufficient daily cash balances Vendor shall mean a merchant that provides goods or services that are subject to sales tax and are listed on the monthly reports of the Comptroller which are provided to the City.
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Examples of Unrestricted fund balance in a sentence

  • Unrestricted fund balance includes committed, assigned and unassigned fund balance.

  • Unrestricted fund balance (committed, assigned, and unassigned) may be accessed in the event of unexpected expenditures up to the minimum established level upon approval of a budget revision by the County’s Board.

  • It is also the Jail’s goal for Unrestricted fund balance to be at least equal to 10% of total budgeted operating revenues at fiscal year-end.

  • Unrestricted fund balance will be used in the following order; committed, assigned and unassigned.

  • Unrestricted fund balance is further classified as: (a) committed, (b) assigned, or (c) unassigned.Fund balance that cannot be spent because it is not in spendable form is defined as nonspendable.

  • Unrestricted fund balance will be used in the following order; committed, assigned, and unassigned.

  • Senior administration has the authority to create assignments of fund balance.Unassigned: Unrestricted fund balance not committed or assigned in the General fund is considered unassigned.

  • Column: Completed Audits – Most Recent 2 YearsFor Row A.1: Enter the fiscal year, in both of the FY columns, for the 2 most recent completed AuditsFor all other rows, enter the audited Unreserved (or Unrestricted) fund balance / ISF identified in the row titles.

  • Unrestricted fund balance can be “spent down” if there is an anticipated budget shortfall.

  • When an expenditure is incurred that would qualify as an expenditure of either Restricted or Unrestricted fund balance, those expenditures will first be applied to the Restricted Fund Balance category.

Related to Unrestricted fund balance

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Unrestricted Cash The meaning of “Unrestricted Cash” or any comparable definition in the Underlying Instruments for each Loan, and in any case that “Unrestricted Cash” or such comparable definition is not defined in such Underlying Instruments, all cash available for use for general corporate purposes and not held in any reserve account or legally or contractually restricted for any particular purposes or subject to any lien (other than blanket liens permitted under or granted in accordance with such Underlying Instruments), as reflected on the most recent financial statements of the relevant Obligor that have been delivered to the Borrower.

  • Consolidated Funded Indebtedness means, as of any date of determination with respect to the MLP and its Subsidiaries on a consolidated basis, without duplication, the sum of: (a) all obligations for borrowed money (including the Obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount available to be drawn under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by the MLP or a Subsidiary (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by the MLP or such Subsidiary or is limited in recourse; (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f) above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which any Loan Party or any Subsidiary is a general partner or joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such Person.

  • Consolidated Fund means the Consolidated Fund established by this Constitution;

  • Restricted Fund means a fund in which the use of the principal or principal and income is restricted by agreement with, or direction by, the donor to a specific purpose. Restricted fund does not include a fund over which the owner has complete control. The owner is deemed to have complete control over a fund that is to be used for general operating or building purposes.

  • Unrestricted Global Security means a Global Security that is not a Restricted Security.

  • Unrestricted Subsidiary means any Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of such Board of Directors, but only to the extent that such Subsidiary:

  • Subsidiary Redesignation shall have the meaning provided in the definition of “Unrestricted Subsidiary” contained in this Section 1.01.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Unrestricted Subsidiaries means any Subsidiary of the Borrower designated by the Borrower as such in writing in accordance with Section 7.10(e); it being understood and agreed that (i) the term “Unrestricted Subsidiary” shall include all Subsidiaries of any such designated Subsidiary, and (ii) any Unrestricted Subsidiary may subsequently be designated by the Borrower as a Restricted Subsidiary subject to the terms of Section 7.10(e).

  • Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”