Actual cash payment made to the states or other entities Outlays are provided as reimbursement for the Federal share for approved highway program activities
Payment actually made by the federal government This differs from budget authority in that it reflects money the federal government actually spends, not the amount that has been appropriated by Congress Many times in a given year outlays are often less than the budget authority granted by Congress
Outlay is the amount of money that you have to spend in order to buy something or start a project. Apart from the capital outlay of buying the machine, dishwashers can actually save you money. the amount of money that you have to spend in order to start a new business, activity etc expense, cost cost small/modest/considerable/large etc outlay
In California State government, the term capital outlay includes purchase of land and related costs, construction projects and related costs, and equipment related to a construction project Construction projects include new construction, alteration, and extension or betterment of existing structures Capital outlays are classified as either Major Projects or Minor Projects Each State department or agency must submit to the State Department of Finance, by February 1 of each fiscal year, a five-year plan for capital outlay
A disbursement of money which results in the acquisition of or addition to fixed assets, i e , land acquisition, building and construction, addition, renovation
The acquisition of fixed assets or additions to fixed assets, including land or existing buildings, improvements of grounds, construction of buildings, additions to buildings, remodeling of buildings, or equipment
An expenditure category limited to items that: (i) are not consumed in the usual course of agency operations; (ii) can normally be used more than once; (iii) have a useful life of more than two years; and, (iv) have an initial value of $5,000 or more
An expenditure that results in the acquisition of fixed assets or additions to fixed assets that are presumed to have benefits for more than one year It is an expenditure for land or existing buildings; improvements of ground; construction of buildings; additions to buildings; remodeling of buildings; or initial, additional, and replacement of equipment, furniture and fixtures, machinery, vehicles, and media materials
Purchases of equipment, buildings, major remodeling, or for improvements other than buildings (such as art work, outside lighting systems, Autzen Stadium carpet, etc )
The amount of checks issued, cash disbursed, interest accrued, or other payments, net of refunds and reimbursements Outlays during a fiscal year may be for payment of obligations incurred in prior years (prior-year outlays) or in the same year Outlays, therefore, flow in part from unexpended balances of prior-year budget authority and in part from budget authority provided for the year in which the money is spent
Net disbursements (cash payments in excess of cash receipts) for administrative expenses and for loans and related costs and expenses (e g , gross disbursements for loans and expenses minus loan repayments, interest and fee income collected, and reimburse
Outlays are payments made to liquidate obligations Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year Related Terms: Appropriations, Budget Authority, Obligation
Expenditures or payments made by the federal government to settle its bills Outlays during a fiscal year may be for payment of obligations incurred in prior years or in the same year
represent checks issued and cash payments made during a given period, regardless of when the funds were appropriated or obligated (Outlays are equivalent to expenditures )
Checks issued or other payments made by the government for goods and services received Gross outlays are equal to the cumulative amount of disbursements made for the fiscal period to date Net outlays are equal to gross outlays less the cumulative amount of collections received for the fiscal period to date
Amounts of government spending They consist of payments, usually by check or in cash, to liquidate obligations incurred in prior fiscal years as well as in the current year, including the net lending of funds under budget authority In federal budget accounting, net outlays are calculated by subtracting the amounts of refunds and various kinds of reimbursements to the government from actual spending
Spending made to pay a federal obligation Outlays may pay for obligations incurred in previous fiscal years or in the current year; therefore, they flow in part from unexpended balances of prior-year budget authority and in part from budget authority provided for the current year For most categories of spending, outlays are recorded when payments are made or when cash is disbursed from the Treasury However, outlays for interest on the public debt are recorded when the interest is earned, and outlays for direct loans and loan guarantees (since credit reform) reflect estimated subsidy costs instead of cash transactions See budget authority, credit subsidy, debt, and fiscal year
The issuance of checks, disbursement of cash, or electronic transfer of funds made to liquidate a federal obligation Outlays during a fiscal year may be for payment of obligations incurred in prior years (prior-year obligations) or in the same year (A Glossary of Terms Used in the Federal Budget Process, GAO, 1993) See Budget Authority, Obligations, and Cost