Tag: Revolving Fund

Permanent Appropriations (CongressionalGlossary.com)

Permanent Appropriations (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Permanent Appropriations Permanent Appropriations: Budget authority that becomes available as the result of previously enacted legislation (substantive legislation or prior appropriations act) and does not require current action by Congress. Budget authority is considered to be “current” if provided in the current session of Congress […]

Revolving Fund (CongressionalGlossary.com)

Revolving Fund (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Revolving Fund photo credit: Orbisnonsuficit A fund established by Congress to finance a cycle of businesslike operations through amounts received by the fund. A revolving fund charges for the sale of products or services and uses the proceeds to finance its spending, usually on a […]