UNIFORM BUDGETING AND ACCOUNTING ACT (EXCERPT) Act 2 of 1968
141.422a Definitions; A, B.
Sec. 2a.
(1) “Administrative officer” means an individual employed or otherwise engaged by a local unit to supervise a budgetary center.
(2) “Allotment” means a portion of an appropriation which may be expended or encumbered during a certain period of time.
(3) “Appropriation” means an authorization granted by a legislative body to incur obligations and to expend public funds for a stated purpose.
(4) “Budget” means a plan of financial operation for a given period of time, including an estimate of all proposed expenditures from the funds of a local unit and the proposed means of financing the expenditures. Budget does not include any of the following:
(a) A fund for which the local unit acts as a trustee or agent.
UNIFORM BUDGETING AND ACCOUNTING ACT (EXCERPT) Act 2 of 1968
141.422a Definitions; A, B.
Sec. 2a.
(1) “Administrative officer” means an individual employed or otherwise engaged by a local unit to supervise a budgetary center.
(2) “Allotment” means a portion of an appropriation which may be expended or encumbered during a certain period of time.
(3) “Appropriation” means an authorization granted by a legislative body to incur obligations and to expend public funds for a stated purpose.
(4) “Budget” means a plan of financial operation for a given period of time, including an estimate of all proposed expenditures from the funds of a local unit and the proposed means of financing the expenditures. Budget does not include any of the following:
(a) A fund for which the local unit acts as a trustee or agent.
UNIFORM BUDGETING AND ACCOUNTING ACT (EXCERPT) Act 2 of 1968
141.422a Definitions; A, B.
Sec. 2a.
(1) “Administrative officer” means an individual employed or otherwise engaged by a local unit to supervise a budgetary center.
(2) “Allotment” means a portion of an appropriation which may be expended or encumbered during a certain period of time.
(3) “Appropriation” means an authorization granted by a legislative body to incur obligations and to expend public funds for a stated purpose.
(4) “Budget” means a plan of financial operation for a given period of time, including an estimate of all proposed expenditures from the funds of a local unit and the proposed means of financing the expenditures. Budget does not include any of the following:
(a) A fund for which the local unit acts as a trustee or agent.
