Examples of Restricted Purposes in a sentence
Each specific project should be accounted for separately using a complete group of self-balancing accounts within the Restricted Purposes Fund.
The Restricted Purposes Fund is used for the purpose of accounting for monies that have restrictions regarding their use.
Reserve for Restricted Purposes – established to recognize legal limitations that specify the purpose or purposes for which resources derived from government-mandated and voluntary nonexchange transactions are to be used.
Unspent grant proceeds – this represents unspent grant receipts in the Restricted Purposes subfund.
Therefore, permanent operating transfers between the "educational purposes" funds, i.e., the Education Fund, the Auxiliary Enterprises Fund, and the Restricted Purposes Fund, are allowed.
Logan has had to utilize this fund to loan monies to the Restricted Purposes Fund due to the significant delay in grant payments from the State of IL.
The Council has overall responsibility for the effective operation of this policy but has delegated day-to-day responsibility for overseeing its implementation to the Clerk.
Such separate fund may be either: (i) a physically separate bank account restricted to the Restricted Purposes, or (ii) a separate bookkeeping account (limited to the Restricted Purposes) maintained as part of the Town’s financial records.
In all, we have that if m is an upper bound on the number of sessions initiated by 2, then the winning advantage of 2 against Π2 is at most m times the winning advantage of 1 against Π1 plus a negligible fraction.
The $41,000 difference between transfers in and transfers out is found in the Restricted Purposes Fund not shown in this budget.