Local funds definition

Local funds means funds under the control or in the cus- tody of any local government or local official that are not required to meet current expenditures or demands.
Local funds means funds provided by any city, county, or entity (public or private) for performance of the Work and includes in-kind contribution.
Local funds means locally generated revenues and revenues received pursuant to Section 702(a) of the Covenant.

Examples of Local funds in a sentence

  • A school district complies with this section for purposes of establishing the school district's eligibility for an award for a fiscal year if the district budgets, for the education of students with disabilities, at least the same total or per capita amount from either of the following sources as the district spent for that purpose from the same source for the most recent prior year for which information is available: (1) Local funds only; or (2) The combination of state and local funds.

  • The total amount listed in the Local funds column is the amount used to calculate the State Aid grant amounts.

  • Current Services Funding LevelThe Current Services Funding Level (CSFL) is a Local funds ONLY representation of the true cost of operating District agencies, before consideration of policy decisions.

  • The subrecipient shall not use funds to supplant State or Local funds or other resources that would otherwise have been made available for this program/project.

  • The following shall apply for any Dedicated Resources: (1) for which «Customer Name» is purchasing DFS under this Agreement, and (2) that are partially or entirely removed pursuant to section 10.1.


More Definitions of Local funds

Local funds means cash provided for project or study implementation that is not derived from
Local funds means the funds provided by the Local Agency as their obligated contribution to the federal and/or State Awards to receive the federal and/or State funding.
Local funds means revenue received from any locally imposed gross receipts tax, property tax, municipal gasoline tax, franchise fee, user fees or any other locally imposed fees or taxes, and enterprise activities, which can be lawfully used for transportation projects, but excluding state grants and loans and federal grants.
Local funds means funds that are not expended on warrants drawn or electronic funds transfers initiated by the comptroller.
Local funds means funding available from local funding partners contributing to the operation of the OATS system.
Local funds means all funds received from local jurisdictions that are used to meet the 33 percent matching funds requirement under Section C.2 of this Agreement.
Local funds means moneys received by a public library from any source, public or private, excluding state or federal