I can
invest surplus funds out to the end of my period, and earn a better yield, and over time, my funds will mature bit by bit.
Cash management accounts are typically used to
hold surplus funds and allow your investments to be actively managed.
Overall, he insists that the city's budget cushion — the reserves and
surplus funds at the beginning of the fiscal year — should be between 12 and 18 percent of city expenditures.
The plan is ideal for those looking to invest in market - linked financial instruments but may not have
large surplus funds or the investment know - how.
But the district, having
exhausted surplus funds to balance this year's budget, is estimating a $ 7 million budget deficit next year.
These schemes have become popular with institutional investors and high - net worth individuals having short -
term surplus funds.
A savings cum insurance protection plan to cater the need of future financial planning and build an
auxiliary surplus fund.
As a result, auditors said the district should draft plans to use
surplus funds in a constructive way — for example, by reducing property taxes.
The county executive has also recommended setting aside $ 500,000
of surplus funds for continuing the restoration of the Darwin Martin House.
Kotak Wealth Insurance: This unit linked insurance plan provides you with the alternative to
use surplus funds in the form of top - up premiums, thereby providing higher additional payout at death or maturity.
Officials will seek corporate sponsorships that could earn the district $ 850,000, rely on $ 12 million in
surplus funds from tax increment financing and $ 3 million from a rainy - day fund.
According to the Executive Budget, the future cost of the credit will be covered with
surplus funds generated by the state's adherence to the overall 2 percent cap on spending increases in future years.
Only holders of with - profits policy are entitled to a share in these profits and the payment of this bonus is conditional on the life insurer having
surplus funds after claims, costs, and expenses have been paid in particular year.
More recently, as banks have become more confident that sufficient funds will be available and that the market will redistribute them efficiently, they seem to have become more willing to make
surplus funds available earlier in the day.
«The district's practice of consistently appropriating fund balance that was not needed to finance operations, in effect, circumvented the statutory limitation of
unexpended surplus fund balance to no more than 4 percent of the ensuing year's appropriations.»
In 2010 - 11, the district had a 1 percent unexpended
surplus fund balance totaling $ 149,450, the report states.
I have parked Rs 8,70,600.00 in the Max Gain account
as surplus fund which saves interest for me.
House Rules Chairman Jose Oliva, a Miami Lakes Republican who will take over as House Speaker after the November elections, said in a text Friday he would support allowing the Joint Legislative Budget Commission to
redirect surplus funds «only after all counties had spoken on the question.»
«We also are recommending that one -
time surplus funds anticipated from the state for the 2018 — 19 school year be prioritized to support the district's highest - need elementary schools, which provide the foundation for students» academic careers but currently have the least amount of supplemental resources to address student needs.»
But beginning in 1998, prosecutors say, he
kept surplus funds from four foreclosure sales — $ 440,000 in all — and used some of it to bankroll a failed campaign for Brooklyn district attorney in 2005.
As a non-profit organization, the Council
utilizes surplus funds over expenses to fund a variety of safety training programs to the community.
Surplus funds collected in a given year are held in an industry reserve account which can be drawn on in future years.
So the Social Security Trust Fund is a whole separate entity that collects payroll taxes, pays current benefits and
stockpiles surplus funds to pay future retirement benefits, right?
In fact, after paying off bank loans of # 3 million, the club is the envy of many others, as it is sitting on
considerable surplus funds of # 26 million, even generating interest for the last three years (as of March 2011).
The report
says surplus funding from the Batter Park City Authority should be dedicated to NYCHA, which would bring $ 400 million over the next decade.
However, Khoury said promises made to school districts should have a priority with
state surplus funds.
As a not - for - profit publisher, we
reinvest surplus funds back into the global scientific community, supporting our mission to advance excellence in the chemical sciences.
After ensuring reserves, CCU
distributes surplus funds to Members in the form of dividends, reduced interest on loans and improved services.
Only surplus funds should be placed at risk and anyone who does not have such funds should not participate in trading foreign currencies.
Also, I have the option of
moving surplus funds to a fixed deposit which would get broken when funds in my primary account are low, but would give me an interest of almost 7.5 % (calculated daily).
Practising lawyers will also receive a fee credit of $ 95.00, representing a return of
unrestricted surplus funds, which further lowers the net membership fee to $ 1,850 — a total reduction of $ 414.00 (18.3 %).
Reality: If not at the beginning, you can, at any time top up the ULIPs
when surplus funds are available.
«This surplus has been spent probably many times over with a lot of the proposals put forward,» Loon said, noting proposals to use
surplus funding for tax relief and toward pensions, a large part of which would go to teachers.
The mayor outlined seven projects that the City will move forward with,
using surplus funding from the rebuilding of the Rockaway boardwalk.
Most SMSFs will use some type of deposit account, such as a cash management account, to
hold surplus funds and allow for active management of investments.
Similarly, your creditor must pay you if there are
surplus funds after the sale proceeds are applied to the outstanding contract obligation and related expenses, but this situation is less common.
House Rules Chairman Jose Oliva, a Miami Lakes Republican who will take over as House speaker after the November elections, said in a text Friday he would support allowing the Joint Legislative Budget Commission to
redirect surplus funds «only after all counties had spoken on the question.»
Cuomo proposed directing $ 1.5 billion in one -
time surplus funds — won through settlements from big banks — to a competitive process in which three of seven upstate regions would win $ 500 million over the course of five years.
This policy established a seed legal fund of $ 500,000, to be drawn from CREA's
surplus funds at the end of June 2002, and authorizes CREA to continue topping off this fund up to $ 500,000 yearly.