Examples of Stabilization account in a sentence
In the enacted 2017-19 budget, the legislature shifted a portion of General Fund pension costs to the Pension Funding Stabilization Account, and instructed the Office of Financial Management to allocate this change to agency budgets.
GoSS representative raised the issue of the Oil Revenue Stabilization Account (ORSA), where the differences (surplus) between the budgeted and actual oil revenues are kept and which is currently held in the Central Bank of Sudan.
On March 31st of each year, beginning in 2013, the Rate Stabilization Account shall be increased (reduced), on a before tax basis, by the balance in the Weather Normalization Reserve accrued in the previous year.
Move Pension Fund Shift to AgenciesIn the enacted 2017-19 budget, the legislature shifted a portion of General Fund pension costs to the Pension Funding Stabilization Account, and instructed the Office of Financial Management to allocate this change to agency budgets.
The Petroleum Unit of the GoSS Ministry of Finance and Economic Planning confirmed that these transfers included a withdrawal of $254.36 million from the Oil Revenue Stabilization Account and an initial direct expenditure deduction of $19.81 million.
Transfer the sum of Thirty Two Thousand and 00/100 Dollars ($32,000.00), or any other sum, from the Parks and Beaches Capital Outlay Account to the Buildings and Facilities Stabilization Account.
Since the Budget Reserve and Cash Stabilization Account has reached three percent of total resources, there are only marginal contributions to this "Rainy Day Fund" and most of the funds flow into the Rhode Island Capital Plan Fund.
The funds now on deposit in the Rate Stabilization Account are free of any restrictions and may be used for any lawful purpose of the Authority.
The funds shall include the Base Benefits Fund, the Enhanced Benefits Account, and the City Budget Stabilization Account.
The rate shall be set to meet the City Funding Requirement, as defined by this Agreement, after consideration of all the City sources of funding, including transfers of funds from the City Budget Stabilization Account, provided however, that the City Contribution Rate shall be at least 7% of Payroll until the entry-age actuarial liabilities of the Plan are fully funded.