Deficit Financing definition

Deficit Financing is defined to exist when a fund's expenditures and other financing uses exceed its revenues and other financing sources in a given year. If yes, explain the amounts and justification for doing so.
Deficit Financing for a budget year means actual expenditures exceeding the employer’s current year actual education fund revenue…”
Deficit Financing is defined to exist when a fund's expenditures and other financing uses exceed its revenues and other financing sources in a given year. If a deficit is shown below, provide an explanation and any deficit reduction plan, as necessary. (Deficit) (Deficit) % Current FY Surplus/(Deficit) before settlement(s)? $ 639,262 3.1% Current FY Surplus/(Deficit) after settlement(s)? $ (551,301) (2.6%) Salary and Benefit 1st Subsequent FY Surplus/(Deficit) after settlement(s)? $ (1,599,256) (7.4%) COLA not keeping with natural cost inc. 2nd Subsequent FY Surplus/(Deficit) after settlement(s)? $ (1,373,135) (6.2%) COLA not keeping with natural cost inc. The District will continue to monitor its deficit spending and make necessary adjustments.

Examples of Deficit Financing in a sentence

  • The County shall be entitled to reimbursement from the City with respect to the TIF Deficit Financing from the same sources of revenue outlined in Section 3.7.2 above; provided, however, that any such reimbursement to the County shall be subject first, to the City’s repayment to the County of the Phase IIIB Permitted Advance, and second, to the City’s repayment to the County of the TIF Deficit Financing actually paid by the County.

  • No later than 14 calendar days following the Effective Date, the County will pay to the City an amount equal to the 2019 TIF Deficit Payment as part of the TIF Deficit Financing.

  • For the avoidance of doubt, (i) Exhibit L reflects the potential deficit as of [ ], 2020, and the actual deficit may be greater or less than the attached and (ii) the portion of the TIF Deficit Financing attributable to the City is half of the TIF Deficit Financing actually paid by the County.

  • Deficit Financing 71.1 73.5 51.4 46.7 44.2 56.5 53.5 45.94 Foreign Loan -35.4 -24.7 -14.3 -22.5 -22.7 -18.8 -17.8 -15.75 Domestic Borrowing -20.6 -25.6 -27.8 -16.5 -21.9 -26.9 -31.7 -28.51 Change in Reserves -15.1 -23.2 -9.4 -7.7 (-0.4) -10.8 -3.8 -1.68 Source: Economic Survey 2007/08, Ministry of Finance, Government of Nepal Revenue surplus to finance capital and principal repayment expenditure is very low, however, in recent years the percentage share of revenue surplus has increased.

  • Beyond 2021-2022, level increases will only be given in years in which the Northeast School Corporation has the money to support this move and as long as it is compliant with the Indiana Code regarding Deficit Financing and IEERB guidance.

  • Distributor Advance – Video [on delivery] $250K GAP Insurance / Deficit Financing (FIDEC) [2 yrs after delivery] $972K UK Broadcaster License Fees [on delivery] $750K Deferment (Producer) $1M Foreign Pre-Sales [on delivery] $950K GAP Insurance / Deficit Financing [2 years after delivery] $700K -Bank ultimately lends on sums coming in, at a later date (ie.

  • Distributor Advance [on delivery] $250K GAP Insurance / Deficit Financing (FIDEC) [2 yrs after delivery] $972K ie.

  • The Base Park and any additional park improvements to Lot 23B will be owned 2 Note to draft: The Public Parties splitting the 2019 TIF Deficit Debt Payment equally and it not being part of the TIF Deficit Financing is contingent on all other changes being accepted by the County.


More Definitions of Deficit Financing

Deficit Financing is defined to exist when a fund's expenditures and other financing uses exceed its revenues and other financing sources in a given year. If yes, explain the amounts and justification for doing so. This agreement does not imapct deficit financing in the current year. The District's Adopted Budget for 2006-07 included a 2% COLA assumption for members. Since the 06-07 restoration was for 2.5%, the District's budgeted expenditures for member salaries will increase by 0.5%, which is almost exactly offset by the cost savings on health benefits for the current fiscal year.
Deficit Financing is defined to exist when a fund's expenditures and other financing uses exceed its revenues and other financing sources in a given year. If a deficit is shown below, provide an explanation and any deficit reduction plan, as necessary. (Deficit) (Deficit) % Current FY Surplus/(Deficit) before settlement(s)? $ 7,517,224 4.6% Current FY Surplus/(Deficit) after settlement(s)? $ 3,821,312 2.2% 1st Subsequent FY Surplus/(Deficit) after settlement(s)? $ (3,899,242) (2.7%) Spending down rest. sources expiring. 2nd Subsequent FY Surplus/(Deficit) after settlement(s)? $ (14,572,117) (10.0%) Spending down rest. sources expiring. The District will continue to right-size as we continue to experience declining enrollment. This will allow us to manage deficit spending as we move into the future.

Related to Deficit Financing

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.