"Unrestricted funds" refers to money or financial resources that can be used for any purpose, without any specific limitations or conditions.
Full definition
The city of Syracuse, which has given $ 1.5 million
in unrestricted funds in the past, is now looking at restricting some of their funding to demolitions and maintenance of vacant lots.
District officials designated more than $ 3 million of
unrestricted fund balance for costs related to other post-employment benefits each year, but did not use the funds to make related payments, the report noted.
«Although the need to address the excess accumulation
of unrestricted fund balance was pointed out to district officials repeatedly by the independent auditors, district officials have not taken appropriate action to address this situation,» read the report.
The 2016 Los Angeles Artadia Awardees will receive $ 10,000 in
unrestricted funds as well as access to the ongoing benefits of the Artadia Awards program.
Private donations from New Hampshire's legal and business communities provide critical
unrestricted funding for NHLA and LARC to direct resources where programs and clients» needs surface throughout the year.
Donations to the Junior League of Durham and Orange Counties» Annual Fund
provide unrestricted funds to the JLDOC's operating budget, enabling our League to maximize its impact in the community and help kids develop to their full potential.
In the event that OESCA can only provide partial support for an approved grant, CHF will supplement the shortfall
from unrestricted funds no matter what percentage amount is required.
This will be the eighth time NADA and Artadia have partnered to
give unrestricted funds to an artist exhibiting at the fair.
The for - profit can
raise unrestricted funds from angels and VCs and make tax - deductible donations to its nonprofit partner.
TAS schools receive federal and state funds for specific purposes that are
either unrestricted funds or are subject to review and
Created in 2006 by the Ford, Rockefeller, Rasmuson and Prudential Foundations with $ 22 million in seed funding, United States Artists was founded to address the lack of
unrestricted funding available to artists.
While unrestricted funds are indispensable as they offer AMC the flexibility to respond quickly to unforeseen needs and new opportunities, many of our loyal donors enjoy participating in specific AMC programs such as:
The Comptroller's office recommends the District adopt budgets based on what it called realistic estimates, with reasonable fund balances, and come up with a use for the
excess unrestricted fund balance that would benefit District residents.
Willsboro Central
accumulated unrestricted fund balance that exceeded the statutory limit by approximately $ 977,000 — or nearly 12 percentage points — and has levied more taxes than were needed to fund operations during the 2013 - 14 through the 2015 - 16 fiscal years, the report revealed.
The Blavatnik Awards for Young Scientists honor exceptional young scientists and engineers by celebrating their extraordinary achievements, recognizing their inspiring promise, and accelerating their innovations
through unrestricted funding.
Along
with unrestricted funds totaling $ 1.5 million, the Biohub provides a collaborative space, flexible laboratories, and the latest research platforms.
While it is unclear how many districts will want to redirect
precious unrestricted funds to textbook purchases, supporters say the additional flexibility would give educators a new tool to fight to the achievement gap.
The budget does close what was originally a $ 65 million gap, and that was accomplished with the help of money from the
districts unrestricted fund balance.
Among the many options you have when looking to build your credit score, a credit - builder loan is designed to rebuild your credit while
saving unrestricted funds for a rainy day.
Unrestricted Fund gifts are used at the discretion of the Foundation and Home Board of Trustees to fill the special, sometimes unexpected, needs of Saint Simeon's.
We are honored and fortunate to be able to
prioritize unrestricted funding to artists, and in 2015, we are thrilled to be sharing our newest initiative, the Emerging Artist Grant Program.
She will receive $ 50,000 in
unrestricted funds over two years ($ 25,000 per year), as well as a solo museum exhibition, also at the Muskegon Museum, at the end of the two - year period.
You may
donate unrestricted funds to support ASES operations through the ASES Annual Fund or direct your contribution to a specific activity or outcome:
Created as a nonprofit organization by the State Supreme Court, the Foundation is the largest provider of
private unrestricted funds for civil legal aid organizations throughout Washington.
Moon and Whyte will receive $ 10,000 in
unrestricted funds as well as access to the ongoing benefits of the Artadia Awards program.
John P. Sheahan, a lawyer with Guercio and Guercio, the firm recently hired by the district, said Hempstead could use $ 1.9 million
in unrestricted funds to help bridge the deficit.
This will be the tenth time NADA and Artadia have partnered to
give unrestricted funds to an artist exhibiting at the fair.
FOUNDED IN 2006 with $ 22 million in seed funding from the Ford, Rockefeller, Rasmuson and Prudential foundations, USA
provides unrestricted funding to artists.
The draft audit notes that the city's goal had been to maintain
an unrestricted fund balance (sometimes referred to as a reserve fund) of 5 percent of its total general fund budget.
In presenting the tentative budget, the County Executive shall report on the amount of the balance contained in the General Fund including non-spendable, restricted, committed, assigned or
unrestricted funds.
The land bank has made more than $ 1 million from real estate sales and can use that money and
any unrestricted funds towards maintenance fees.
The lank bank said having
unrestricted funds gives them more operational flexibility and will allow them to take on more properties.
Under state law, districts are legally limited to
unrestricted fund balances, also known as «rainy day» funds, of no more than 4 percent of annual budgets.
Officials said they're looking at all options to reduce the gap so they don't have to dip into the $ 107 million
unrestricted fund balance.
The Babylon district should use
its unrestricted funds for one - time expenses or to reduced property taxes.
ALBANY — The county ended 2017 with a $ 1.8 million surplus, bringing
its unrestricted fund balance to $ 46.3 million, according to a report from county Comptroller Michael Conners.
In each category, ten finalists are identified, with one becoming Laureate for that category and winning US$ 250,000 in
unrestricted funds.
Three winners will each receive $ 30,000 in
unrestricted funds and six finalists will each receive $ 10,000 in unrestricted funds.
There's also restricted fixed asset funds, including capital grants, and
unrestricted funds, which include all monies received which are not subject to any restriction, for example letting income.
As budgets for GAG funding become more challenging having
unrestricted funds to pay for other activities is crucial.