WebWhat are Excess Proceeds? When property is sold at a tax sale the proceeds are used to pay the delinquent tax and assessment liens, fees and costs of the sale. If more than $150.00 in sale proceeds remain after the taxes are paid they are available for claim by Parties of Interest. WebJan 31, 2024 · Excess cash flow is cash received or generated by a company that triggers a repayment to a lender, as stipulated in their bond debenture or credit agreement. …
Disposition of Excess Bond Proceeds Sample Clauses
WebGenerally, any interest earnings on investments of tax-exempt bond proceeds in excess of the interest rate on the tax-exempt bonds must be paid back, or "rebated," to the Federal government and cannot be kept by the 501(c)(3) organization. Numerous exceptions to this rule exist to provide relief from this requirement for borrowers who fit ... WebBond Issuance Costsare paid from the paying agent’s external escrow account using excess funds leftover from the new refunding bond proceeds once the defeased refunded bond is paid off. In addition, bond issuance cost can be paid with debt service fund 400, or general fund 1, if no funds are remaining from the refunding bond proceeds in the ... peacock sound called
Excess Costs of Issuance for Private Activity Bonds
WebExcess Proceeds-The amount of unspent bond proceeds remaining in the bond building fund assigned to the project after all invoices for the project have been … WebDec 3, 2024 · Excess returns are returns achieved above and beyond the return of a proxy. Excess returns will depend on a designated investment return comparison for analysis. Some of the most basic return... WebNet earnings on investments of proceeds, accrued interest and premiums on the issuance of such bonds after payment therefrom of expenses incurred by the Treasurer or State Bond Commission in connection with their issuance, and any balance reported as in this section above provided, shall be deposited to the credit of the General Fund. lighthouse stamps album