contingency fund


: an amount of money that can be used to pay for problems that might happen

Examples of contingency fund in a Sentence

Recent Examples on the Web But Palo Alto Mayor Greer Stone responded that the donation comes from the City Council’s contingency fund, which has $77,000 left to spend. Noah Goldberg, Los Angeles Times, 4 June 2024 In May, the Howard County Council approved $5 million for the conceptual design of the lakefront library and another $5 million for the project was placed in a special contingency fund. Sherry Greenfield, Baltimore Sun, 19 Mar. 2024 The city has spent about $68.4 million of the $114.7 million set aside as a contingency fund for the nearly $1.2 billion first phase of the project. David Garrick, San Diego Union-Tribune, 21 Apr. 2024 Instead, a contingency fund of up to $15 million was set aside to add erosion controls and snow fencing to ensure safety on the one hillside. Kevin Fixler, Idaho Statesman, 10 Feb. 2024 Money for the travel expenses will come from the City Council’s contingency fund, which has a balance of about $500,000, Chadwick said. Phil Diehl, San Diego Union-Tribune, 16 Nov. 2023 Vilsack said that the USDA has a contingency fund set up that could potentially fund the WIC program for a day or two after a potential shutdown and said that some states might have access to remaining WIC funds and may be able to extend the program for about a week. Deena Zaru, ABC News, 25 Sep. 2023 An Agriculture Department contingency fund may keep WIC funded for a day or two, Agriculture Secretary Tom Vilsack said Monday at a press briefing. Washington Post Staff, Washington Post, 28 Sep. 2023 That’s because the federal contingency fund supporting normal WIC operations will likely run out in a matter of days — pushing states to rely on their own money or carryover funds. Wyatte Grantham-Philips, Fortune, 27 Sep. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'contingency fund.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Contingency fund.” Dictionary, Merriam-Webster, Accessed 18 Jun. 2024.

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