From the Congressional Glossary – Including Legislative and Budget Terms Deficiency Apportionment photo credit: graibeard As provided for in the Antideficiency Act (31 U.S.C. § 1515) an apportionment by the Office of Management and Budget (OMB) indicating the need for supplemental budget authority to permit payment of pay increases to civilian and military employees and … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Deferral of Budget Authority photo credit: anarchosyn An action by the executive branch that delays the obligation of budget authority beyond the point it would normally occur. Pursuant to the Congressional Budget and Impoundment Control Act of 1974, the President must provide advanced notice to … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Proprietary Receipts from the Public photo credit: mattcameasarat Collections from outside the government that are deposited in receipt accounts that arise as a result of the government’s business-type or market-oriented activities. Among these are interest received, proceeds from the sale of property and products, charges … Read more
From the Congressional Glossary – Including Legislative and Budget Terms Function / Functional Classification photo credit: quinn.anya Categories of spending established for accounting purposes to keep track of specific expenditures. Each account is placed in the single function (such as national defense, agriculture, health, etc.) that best represents its major purpose, regardless of the agency … Read more