AFR definition

AFR means a school district's annual financial report, one component of which is the AFR for all pupil transportation costs.

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AFR means the short-term applicable federal rate for quarterly compounding, as described under Section 1274(d) of the Internal Revenue Code of 1986, as amended.

AFR means the interest rate determined under Section 1274 of the Code.

Examples of AFR in a sentence

• Per School Code (105 ILCS 5/17-1) - If the Deficit AFR Summary Information tab from the 2021-2022 Annual Financial Report (AFR) reflects a deficit as defined above, then the school district shall adopt and submit a deficit reduction plan (found here on page 23-27) to ISBE within 30 days after acceptance of the AFR.

• District RCDT No: If your FY20 AFR states that you need to do a deficit reduction plan and your FY21 budget is balanced please state the measures you took to have your budget become balanced.

• Optionee also agrees to pay interest on the account balance at the AFR for short-term loans from and after demand.

• The Optionee's borrowing from the Company on an open account shall be a personal obligation of the Optionee which shall bear interest at the published Applicable Federal Rate (AFR) for short-term loans and shall be payable upon demand by the Company.

• District RCDT No: If your FY21 AFR states that you need to do a deficit reduction plan and your FY22 budget is balanced please state the measures you took to have your budget become balanced.

More Definitions of AFR

AFR means the Facility’s annual fuel requirement.

AFR means the "applicable federal rate" as defined and determined in the manner set forth in Section 1274 of the Code.

AFR means the applicable federal rate pursuant to Section 1274 of the Code as in effect from time to time. Unless otherwise determined by the General Partner, AFR shall mean the short term AFR.

AFR means, for any Business Day, the monthly short-term applicable federal rate, based on a monthly compounding period, published by the Internal Revenue Service for the Applicable Month in which such Business Day occurs.

AFR means an application for registration in accordance with Section 37 of the Act;

AFR means the rate published in connection with Treas. Reg. Section 1.482-2(a)(2)(iii) (or any successor thereto or replacement thereto).

AFR means an Application for Registration;