| 
<<Previous Page Next Page>>
Free Content
|
Obligational Authority
Obligational Authority
The sum of (1) Budget Authority provided for a given fiscal year, (2) Unobligated Balances of amounts brought forward from prior years, (3) amounts of offsetting collections to be credited to specific funds or accounts during that year, and (4) Transfers between funds or accounts. The balance of obligational authority is an amount carried over from one year to the next because not all obligational authority that becomes available in a fiscal year is obligated and paid out in that same year. Balances of obligational authority are described as: Obligated, Unobligated, and Unexpended. (GAO) HUDCAPS Core Financial System Standard Accounting Interface, dated 9/30/97
free web content
Index:
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
V
W
Y
|
|
