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.
References in periodicals archive ?
This money does not go to Allstate; it helps the agency fund the normal day-to-day costs associated with opening and running a business.
New York: Fitch Ratings assigns an 'A+' rating to the Commonwealth of Kentucky, State Property and Buildings Commission (SPBC) agency fund revenue refunding bonds, Project No.
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.
* What are pass-through grants for agency fund reporting?
Services consist of an examination of the Town s financial records of all activities including general fund, special revenue funds, capital project funds, debt fund, trust funds, agency fund and enterprise funds.
Granali is the first PhilHealth official to submit to lifestyle check amid alleged anomalies involving the payment of billions of agency funds for the past several years through various schemes like overpayments and "ghost" claims.
In a statement submitted to the Office of the Ombudsman, the lawyers accused Acosta and her allies including forensics chief Erwin Erfe of having a 'systematic scheme' for defrauding the government by doctoring purchase orders to make agency funds available to Acosta.
The prosecution suspects Lee received hundreds of millions of won (hundreds of thousands of dollars) in agency funds from Won in early 2011 amid mounting criticism over his incompetence, after NIS officials, who attempted to secretly obtain confidential data from an Indonesian presidential delegation, had their cover blown.
However, other issues were listed in the petition - the most troubling being the misuse of public Urban Renewal Agency funds.
The agency funds diagnoses of selected companies and if necessary finances up to 80% of the cost of training.
Indeed, for the first time, the agency is explicitly using "place" as the unit of analysis, not just the set of programs that the agency funds. Specifically, the report lays out six critical elements for the development and success of place-based strategies and gives examples of implementation.
The Skills Funding Agency funds and regulates adult further education and skills training in England.

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