Appropriations are authorizations to spend money out of a fund, made by a fiscal body such as a county council, city council, town board or school board Appropriations are set in the local government's annual budget Sometimes, however, appropriations are made but the money is not spent Other times, additional appropriations are authorized above the initial budget appropriations Thus, appropriations listed in the budget are spending authorized at the beginning of the fiscal year, but actual spending may be greater or less than appropriations
Refers to an authority under a law given by the legislature to the executive to spend public funds for a specified purpose Annual appropriations are made through annual budget laws Supplementary budgets/appropriations are sometimes granted subsequent to the annual law if the annual appropriation is insufficient to meet the purpose "Standing appropriation" is sometimes used for authority extending beyond a single budget year under separate legislation (such as social security legislation) In some countries, such as the United States, the term "authorization" is used to denote a general law setting up a program and permitting appropriation but not giving any specific authority to spend In most countries, agencies and departments require specific executive authorization ("apportionment, allotment, or warrant") to actually incur an obligation against appropriation
a particular type of Act that authorises the government to spend an amount of money specified in the Act The government cannot spend money except as authorised by parliamentary appropriations
The process of authorizing future payments from budgeted income Only money that is appropriated can be spent
The total amount of estimated expenditures authorized by the Legislature from unrestricted or undesignated resources of a current nature (i e , the General Fund) The Legislature appropriates to "programs" (e g , General Purpose Aid for Local Schools) and to "line categories" within programs (e g , Personal Services, All Other, Capital Expenditures, Unallocated)
A provision of law (not necessarily in an appropriation act) authorizing the expenditure of funds for a given purpose Usually, but not always, an appropriation provides budget authority
Use of a companys profits which remain after tax They are usually distributed as dividends or added to reserves as retained earnings
The process by which monies are allocated by Parliament to Ministers for the purpose of funding agencies to provide goods and services to the public
The amount of money authorized by the General Assembly for state spending is called the appropriation
This is legislative authorization by law for the state to spend money or take on obligations
The last phase of the Congressional budget process for a fiscal year The amounts authorized for spending on given programs, agencies, and government functions are approved for disbursement, or appropriation, from the U S Treasury