Examples of Current Funds in a sentence
The Current Funds are used primarily to account for transactions which are expended in performing the primary and support objectives of the institution.
The Restricted Fund which is used to account for Current Funds expended for operating purposes but restricted by donors or other outside agencies as to the specific purpose for which they may be expended.
From and after the date hereof, the term "Current Funds" as used in the Advisory Agreement shall be deemed to include the Fund.
The Current Funds are used to account for the revenues and expenditures resulting from operations, with the Unrestricted Funds and Restricted Fund shown separately.
To the extent that Current Funds are used to finance plant assets, the amounts so provided are accounted for as (a) expenditures, in the case of normal acquisition and/or replacement of moveable equipment and library books; (b) mandatory transfers, in the case of required provisions for debt amortization and interest, and equipment renewals and replacements; and (c) transfers of a nonmandatory nature for all other cases.