Surplus Account has the meaning assigned to it in Section 3.02(a).

Surplus Account means the Account by that name created and established by Section 4.1 hereof.

Examples of Surplus Account in a sentence

Revenues remaining in the Project Revenue Account at the end of any fiscal year after all periodic transfers have been made therefrom as above required, shall be deemed to be surplus and shall be transferred to the Project Surplus Account.
No moneys shall at any time be transferred from the Project Surplus Account or any other account of the Fund to any other fund of the City, nor shall such moneys at any time be loaned to other municipal funds or invested in warrants, special improvements bonds or other obligations payable from other funds, except as provided in this Section.
Students may “ride” to and from school on “wheels” but walk onto the campus.
If at any time there shall exist any default in making any periodic transfer to the Project Debt Service Account, the Common Council shall authorize the City Finance Officer to rectify such default so far as possible by the transfer of money from the Project Surplus Account.
The cumulative effect of adopting SSAP No. 35R is reported in the Capital and Surplus Account and is not considered material.

More Definitions of Surplus Account

Surplus Account means the fund or account created or ratified in Section 401.

Surplus Account means the sub-account of the Trust and Retention Account designated as the ‘Surplus Account’ under the Trust and Retention Account Agreement.

Surplus Account means the account in the Sanitary Sewerage System Fund pursuant to Section 7.08 of the Original Resolution.

Surplus Account means the account within the Fund established pursuant to Sections

Surplus Account means the Water and Sewage System Surplus Account referred to in Section 501 hereof.