Examples of Property Deposits in a sentence
Property Deposits are refunded in accordance with the statement concerning them in the section titled, PROPERTY DEPOSIT.
Forfeited General Property Deposits and Earnings on those funds) Section 54.5021 of the Texas Education Code provides that any student’s general property deposit unclaimed for four years after the last date of attendance is forfeited and may be used as directed by the governing board to award scholarships to needy and deserving students, support a general student union program, establish an institutional loan program, or pay direct expenses for the administration of the funds.
There were capital commitments at 31 December 2019 of €232,000 regarding Property Deposits (2018– €62,800).There were capital commitments committed to but not contracted or provided for at 31 December 2019€1,577,000 (2018 - €350,000).There were no contingent liabilities outstanding at 31 December 2019 (2018-nil) other than the contingent liabilities outstanding on the CAS and CLS loans (See notes 10&11).
Although the school received $23,291 and $15,570 in vending commissions during 2009-2010 and 2010-2011, respectively, the school administration applied those funds to cover expenditures not related to athletic activities of the school.Similar to the guidelines for the Athletic Fund, Section III, Chapters 3, 4, and 5 and 8 of the Manual provide that accounts from Classes and Clubs, Trust and Property Deposits and the General Fund must not close the year with deficit balances.
Mineral Property Deposits consists of a $19,653 refundable deposit with the Government of Newfoundland and Labrador on the Great Burnt Lake property.
Although the prior year deficits found in the Classes and Clubs, Trust, and Property Deposits Funds were corrected, as of our initial visit in February 2011, the Internal Funds-General Fund showed a deficit balance of $(8,543).
We found accounts in the Classes and Clubs, Trust, and Property Deposits that closed the 2009-2010 fiscal year with negative balances.
Mineral Property Deposits consists of a $19,653 refundable deposit with the Government of Newfoundland and Labrador on the Great Burnt Lake property as at December 31, 2013.