Unspent balance definition

Unspent balance means the amount of the authorized budget for the general fund less the amount expended during the budget year on the GAAP basis of budgeting as reported by the school district on its certified annual report.
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Unspent balance is means the amount of the authorized budget for the general fund less the amount not expended during the budget year on the GAAP basis of budgeting as reported by the school district on its certified annual report. (These funds are also commonly termed “unspent balance carried forward,” or “carryover dollars.”)
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Examples of Unspent balance in a sentence

  • Unspent balance of contract funds (line a minus b): $0.00 Match Requirements (if required by the contract): 8d.

  • Unspent balance Should there remain a balance from the total GEF-approved budget after completion of the project, the portion of the sub-allotment remaining unspent or uncommitted shall be cancelled by the Division of Environmental Policy Implementation within one month of the presentation of the final report by the Division.

  • Unspent balance or savings from the project funds may not be spent by the projects without approval of the Competent Authorities.

  • Unspent balance of contract funds (line a minus b): Match Requirements (if required by the contract): 8d.

  • Unspent balance or savings of project funds will be automatically transferred to the funding of the next fiscal year and this amount will be deducted from the commitment fund to be provided of that year.