Sentences with phrase «first operating surplus»

The state's largest agricultural lobby group has reported its first operating surplus since 2010, which was largely attributable to a reduction in costs.

Not exact matches

Under Roberts, the Detroit Public Schools has generated an annual operating surplus for the 2011 fiscal year, its first surplus since 2002; accelerated the elimination of its $ 327 million legacy deficit; and adopted a balanced budget for fiscal 2012.

Also the first year, another $ 120,000 would come from surplus from a licensed child care center operated by Isthmus Montessori Academy Inc., the parent organization.