Agency Fund

Agency Fund

Any funds that a government or government unit holds on behalf of another. For example, if the State of Oklahoma holds money for the State of Texas, or the City of Tulsa for Tulsa Public Schools, these monies are called agency funds.
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Cafod (Catholic Agency Fund for Overseas Development) has already pledged pounds 100,000 to its local partner Caritas Lebanon, in Lebanon, and pounds 25,000 to its partner Caritas Jerusalem in the Gaza Strip and the West Bank.
Additionally, the acquisition funds must be invested in high quality, liquid investments, specifically the GS Adjustable Rate Government Agency Fund, the Franklin Adjustable U.
What are pass-through grants for agency fund reporting?
The 'A+' rating reflects the narrow source of pledged funds but also the financial health and importance to Kentucky of the DMA agency fund that will support debt service, as well as the commonwealth's general credit characteristics.
NEW YORK -- Fitch has assigned an 'A+' rating to the Commonwealth of Kentucky State Property and Buildings Commission's approximately $5 million taxable agency fund revenue bonds, Project No.
While the state intends to use a portion of the surplus to restore agency fund balances and pay other one-time costs, Nevada will be deciding whether to make an additional deposit to the stabilization fund in fiscal 2007, transfer moneys for highway construction, appropriate dollars for capital construction, provide a tax rebate, or authorize a combination thereof.
Schabarum was indicted by a grand jury in February 1997 on charges that he embezzled about $50,000 from the foundation by writing checks from the charity to the county Natural History Museum, where a deputy director then wrote checks for a similar amount to a travel agency fund set up in Schabarum's name.
3 million Kentucky Asset/Liability Commission (ALCO) project notes, 2005 agency fund taxable first series, which will sell through negotiation with Citigroup on or about May 25.
A grand jury indictment issued in February charged that in 1993 and 1994 Schabarum embezzled about $50,000 from his foundation by writing checks from the charity to the county Natural History Museum, where a deputy director then wrote checks for a like amount to a travel agency fund set up in Schabarum's name.
As of May 30, 2014, the fair market value of the thirty (30) trust and agency funds was
However, other issues were listed in the petition - the most troubling being the misuse of public Urban Renewal Agency funds.

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