Appropriation

From Conservapedia

Appropriation is, in government, the provision of funds (either through an annual appropriations act or a permanent law) which allow government agencies to spend money for specified purposes.

In the Federal Government, the formal federal spending process consists of two sequential steps: authorization and then appropriation.[1] At the state and local levels, the two steps are usually combined when the annual budget is passed as it also serves as the appropriation act; though supplemental appropriations are often made throughout the fiscal year to cover unexpected expenditures.

See also[edit]

References[edit]

  1. [1] US Senate Reference

Categories: [United States Senate Terms] [Accounting]


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