Examples of Designated Reserve in a sentence
All future sewage disposal system repairs shall be completed in the Designated Reserve areas and shall meet Class I Standards.
The Board Designated Reserve Fund is used to offset any year-end deficits in the Operating Fund and for such other purposes as the Board may from time to time determine.
The target range for any Designated Reserve will be determined by the nature of the designation itself; the reserves will be derived from unrestricted and restricted funds where applicable.
The three capital groupings and three supervisory subgroupings form a nine-cell matrix for risk-based assessments.However, the act prohibited the FDIC from charging well-managed and well-capitalized institutions deposit insurance premiums when the deposit insurance fund is at or above the Designated Reserve Ratio (DRR).
At the Board meeting on January 30, 2020 the Finance Committee reported on their discussion to recommend increasing the Designated Reserve Fund at LAIF from its current amount of approximately $1,700,000 to $2,000,000.