Operating Reserves
Operating Reserves
Money that an organization appropriates in case budgeted operating expenses are insufficient to cover actual expenses. Operating reserves are used for fiscal conservatism.
References in periodicals archive
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We expect to skate by at the peak with just under 5 percent operating reserves,'' said Kellan Fluckiger, the ISO's chief operating officer.
STAGE 1 EMERGENCY Operating reserves forecast to fall to between 7% - 6%
Additionally, Kalamazoo typically allocates a large portion of its operating reserves to capital projects, providing a significant degree of financial flexibility.
The district has generated a significant buildup in operating reserves in a financially challenging environment; this trend reflects the sound, conservative fiscal management that is a credit strength for the district.
These markets are used to allocate space on the transmission lines, maintain operating reserves and match supply with demand in real time.
Preliminary results for fiscal 2006 suggest a further sizeable increase in operating reserves.
The underlying 'A' rating reflects Mabank ISD's favorable financial profile, characterized by generally positive operating results and satisfactory operating reserves.
Recent improvement in several key financial measures, including sales tax receipts, tax base growth, and operating reserves, suggests the economic recovery continues to strengthen in the city.
Lewisville ISD has succeeded in generating a significant buildup in operating reserves in a financially challenging environment; this trend reflects the sound, conservative fiscal management that is a credit strength of the district.
Additional comfort is provided by capitalized interest that extends six months beyond the expected commercial operation date of June 1, 2010, and the project's planned operating reserves that should adequately cover MJMEUC project participants for potential delays.
today, July 24, 2006 with operating reserves forecast to dip below five percent over today's peak.
While conservation is always prudent, the ISO reports that operating reserves are more than adequate today and for the rest of the week.
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