Terms Used in the Budgetary ProcessGeneral Accounting Office, 1977 - 41 pages |
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Terms Used in the Budgetary Process United States. General Accounting Office Affichage du livre entier - 1977 |
Expressions et termes fréquents
ACCOUNTS See FEDERAL agency debt amounts apportionment appropriation act appropriation or fund authority and outlays Authority Budget authority AUTHORITY See BUDGET Authority To Borrow authorizing legislation available for obligation backdoor authority bill borrowing authority budget receipts budget totals business cycle changes Congressional Budget Act Congressional Budget Office constant dollars contract authority countercyclical debt held decision packages DEFERRAL OF BUDGET disbursements economic enacted estimates Federal agencies Federal debt FEDERAL FUND ACCOUNTS Federal Government Federal Reserve Federal Reserve System financing FOREIGN CURRENCY fund receipt accounts gross national product Impoundment Control Act included income INTRAFUND TRANSACTIONS Management and Budget monetary policy money supply off-budget Federal entities Office of Management offsetting collections OFFSETTING RECEIPTS output President's budget public debt purposes RECONCILIATION required concurrent resolution RESCISSION revenue September 30 specific tax expenditures terms and definitions tions TRANSACTIONS See OFFSETTING transfer payments Treasury unemployment unobligated balance zero-base budgeting
Fréquemment cités
Page 9 - In apportioning any appropriation, reserves may be established to provide for contingencies, or to effect savings whenever savings are made possible by or through changes in requirements, greater efficiency of operations, or other developments subsequent to the date on which such appropriation was made available.
Page 6 - budget outlays" and "outlays" mean, with respect to any fiscal year, expenditures and net lending of funds under budget authority during such year. (2) The term "budget authority" means authority provided by law to enter into obligations which will result in immediate or future outlays involving Government funds, except that such term does not include authority to insure or guarantee the repayment of indebtedness incurred by another person or government. (3) The term "tax expenditures...
Page 3 - Congress that permits Federal agencies to incur obligations and to make payments out of the Treasury for specified purposes.
Page 10 - The concurrent resolution shall set forth— (1) The appropriate level of total budget outlays and of total new budget authority; (2) an estimate of budget outlays and an appropriate level of new budget authority for each major functional category, for contingencies, and for undistributed intragovernmental...
Page 27 - tax expenditures" means those revenue losses attributable to provisions of the Federal tax laws which allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability; and the term "tax expenditures budget" means an enumeration of such tax expenditures.
Page 21 - Collections deposited in receipt accounts that are offset against budget authority and outlays rather than counted as budget receipts. These are collections from other government accounts or from transactions with the public that are of a business-type or market-oriented nature (such as sales, interest or loans...
Page 28 - TRUST FUNDS— Funds collected and used by the Federal Government for carrying out specific purposes and programs according to terms of a trust agreement or statute, such as the social security and unemployment trust funds. Trust funds are not available for the general purposes of the Government. Trust fund receipts that are not anticipated to be used in the immediate future are generally invested in interestbearing Government securities and earn interest for the trust fund.
Page 9 - CONCURRENT RESOLUTION ON THE BUDGET A resolution passed by both Houses of Congress, but not requiring the signature of the President, setting forth, reaffirming, or revising the congressional budget for the United States Government for a fiscal year.
Page 6 - BORROWING AUTHORITY.— Statutory authority that permits a Federal agency to incur obligations and to make payments for specified purposes out of money borrowed from the Treasury, the Federal Financing Bank, or the public.