Sentences with phrase «using excess funds»

On a personal note, I think that using excess funds to apply to other projects would be a gross breach of trust with backers unless that plan was clearly stated at the project's beginning.
This is because they are able to use the excess funds from the sale of a home or draw on their retirement accounts and Social Security payments.
Lawyers also would try to apply for special permission from the Director of ODSP for their clients to use the excess funds to purchase an «exempt asset» (such as a home or a car).

Not exact matches

Sullivan uses only two computer - based services — automatic payroll and a «sweep» account that invests excess funds in an interest - bearing account at the end of each business day — and those services are better described as mid-tech than high - tech.
As mutual funds grew in popularity in the 90's many of these firms used to charge commissions or advisory fees (usually in excess of 1 %) and the fund company charged you an expense ratio on top of that (also 1 % or more).
Until you've «made it» buying a house typically isn't a good use of excess funds.
Second, assume that the bad debt generated by the system (by which I mean the excess portion of any debt used to fund projects that add less value to the economy than the cost of the project) is not written down within the reporting period in which it was extended.
Consequently, interest rate policy is now conducted using two new policy rates to create a federal funds rate target «range:» the interest paid on excess reserves (IOER) creates the target ceiling while the overnight reverse repurchase (ON RRP) rate creates the target floor.
If you are lucky to receive such a windfall and would like to make a large payment (maybe not large enough to pay off the loan completely) on your student loan, notify your lender that you would like the funds to go toward the principal of your student loan, not toward future loan payments (some lenders will automatically use the excess to prepay future payments, if you don't notify them).
NextEra Energy Partners is one of the best of the traditional yieldcos, which use excess cash, stock, and debt to fund new acquisitions intended to grow the dividend long term.
Boixader — who lost his son to cancer — used that goodwill to form an unlikely partnership, which has raised in excess of $ 150,000 to fund a research project in a bid to improve the lives of young cancer sufferers in Spain.
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.
«Had district officials used more realistic budget estimates, they could have avoided the accumulation of excess fund balance,» the report states.
Among Freeman's specific recommendations are a «20 percent federal tax credit to electricity and natural gas utilities that gives highest priority to the efficient use of the energy they supply,» and ban on new coal or nuclear plants and retirement of the existing plants within the next 30 years, government - funded demonstration plants for Big Solar and hydrogen, increasing federal fuel economy standards one mile - per - gallon a year over the next 24 years, tax credits for plug - in hybrids or flex - fuel vehicles, and an excess - profits tax on oil to fund the tax credits.
Under a state law regarding the scholarship program, if there is money leftover from program (meaning not as many students used the available funds), that money is given back to the public and charter schools, but schools haven't received any of that excess money since the 2012 - 2013 school year.
Second, resources are scarce, and any excess of funds tied up in teacher absence, which costs at least $ 4 billion annually, should be put to better use.
When excess capital funds were earmarked for school Wi - Fi, Superintendent Dan Mannix knew he wanted to do more than just use it for administering tests; he wanted to harness the Internet to provide a world - class education for every student in his district.
Just find a person who has excess funds where you can pay him or her interest for the use of those funds.
• The borrowed funds are supposed to be used for outside investments that will generate a return in excess of the 10 % interest rate being charged by the insurance company.
If our child receives a scholarship or uses other financial methods, we can apply any excess funds to retirement or other investments.
At a more granular level, consider that savings at the pump have traditionally resulted in increased tobacco consumption (the logic being that the excess cash is used to fund tobacco habits).
For some borrowers, excess student loan money is being used to fund a lavish lifestyle and the excess of youth, without regard to the future and what may come.
The fund invests directly into constituent shares using an optimised / sampled methodology and, at the time of writing, has net assets under management in excess of $ 5b.
Sharpe Ratio uses a fund's standard deviation and its excess return (the difference between the fund's return and the risk ‐ free return of 90 ‐ day Treasury Bills) to determine reward per unit of risk.
In response the Fed now pays interest on excess reserves banks hold at the Fed and uses reverse re-purchase agreements to adjust the fed funds rate target.
A hedge fund is a type of investment that has no set structure and makes investments using whatever method or strategy it can to achieve excess returns.
Some Mutual Funds just use the money they have buying diversity since they have excess to use up.
Therefore, let's choose this ETF as a CAPM reference for the fund, using excess (i.e. net of risk - free rate) monthly returns of both securities:
«Each mutual fund in the Plan charged fees far in excess of the rates Defendant could have obtained for the Plan by using these comparable products,» the complaint states, adding that the lower - cost share classes of the identical mutual funds were available to the plan many years before Philips restructured the investment lineup in 2013.
After automatic retirement investments, I use our cash / bank account to trap excess capital, and then we make large scale purchases from that (post-tax equities, contributions to our charitable fund, home improvements, or travel).
The excess was placed in a trust fund earmarked for Social Security retirement benefits and used to purchase Treasury bonds.
They find that they have excess student loan funds, and they use those funds to pay for an expensive new laptop, or to freshen up their wardrobe, or to decorate their dorm room.
Home equity loan balances in excess of $ 1,000 which have been owed for less than one year are not eligible for inclusion in your FHA refinance mortgage unless you can document that the funds were used for repairing or renovating your home.
Use the excess money to save three to six months of expenses in an emergency fund.
I read that the funds can be rolled into RRSPs only if there is excess contribution room [no help to us], and that RESPs can be used by adults only if they are set up for that purpose (and don't attract grants, so what's the point).
We request that the Board of Directors consider whether shareholder returns on other proposed uses of these excess funds are indeed superior to a share buy - back.
Funds above 0 % on the y - axis (plotted between -6 % and 6 %) appear to have outperformed by generating returns in excess of the 4.84 % per year benchmark return we used over the 10 - year period.
So here's an idea I'm toying with: if retirement accounts are maxed out, given your findings that taking the 10 % penalty is better than a regular taxable account, what about putting excess funds into a 529 plan and using it as an additional retirement account, with the expectation of paying the penalty?
Repurchase agreements are generally for a short period of time, often less than a week, and will generally be used by a Fund to invest excess cash or as part of a temporary defensive strategy.
In addition, a borrower can, under certain circumstances, use the opportunity to lower their interest rate, change the loan term and / or transition from an adjustable rate to a fixed rate, in addition to receiving excess funds.
It is a lot of money for Oldies Club to find, but if around 10 % of its Facebook supporters, for example, were able to donate just # 2 each, the initial fundraising total would be covered, so I would really would be grateful if the Oldies Club community would join together in supporting this: — RRB - Should Oldies Club supporters be generous enough to donate more than is needed for my vet bills / care, any excess money will be directed to the charity's general fund and used to help other older dogs in its care.
Love, Fudge (and the volunteers at Oldies Club) xxx Should Oldies Club supporters be generous enough to donate more than is needed for my vet bills / care, any excess money will be directed to the charity's general fund and used to help other older dogs in its care.
Any funds raised in excess of their care will be used toward other BCSPCA animals and services.
Funds raised in excess of need for a particular disaster will be used to support Airlink's mission and response to other disasters.
Moreover, Delta transportation vouchers are non-transferrable: the recipient has to be one of the passengers on the reservation — although excess funds can be used to pay for additional passengers on the same reservation.
Any funds raised in excess of the costs of the exhibition will be used to acquire art by British women artists to donate to the Museum to raise the global profile of art by British women.
Furthermore, these funds can be supplemented by using the IMF's $ 100 billion in excess gold reserves to guarantee the initial loans, thereby eliminating the risk to developed country governments.
Entrekin's election opponent, Rainbow City Police Chief Jonathon Horton, has pledged to use any excess inmate food funds for things that will benefit taxpayers.
But generally, ODSP did not allow those on ODSP to use their pain and suffering settlement funds in excess of $ 100,000.00 to purchase a home or a car, as to do so would require the recipient to have more than the $ 100,000.00 exemption in his or her bank account — even if the money was going to be used immediately to purchase a mortgage on a home.
Stephenson Harwood LLP advised Schroder UK Real Estate Fund on acquisition of mixed - use assets in London, from Matterhorn Palos Partnership for in excess of # 150 m.
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