141.422a Definitions; A, B.
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141.422a Definitions; A, B.
Sec. 2a.
(1)"Administrative officer" means an individual employed or otherwise engaged by a local unit to supervise a budgetary center.
(2)"Allotment" means a portion of an appropriation which may be expended or encumbered during a certain period of time.
(3)"Appropriation" means an authorization granted by a legislative body to incur obligations and to expend public funds for a stated purpose.
(4)"Budget" means a plan of financial operation for a given period of time, including an estimate of all proposed expenditures from the funds of a local unit and the proposed means of financing the expenditures. Budget does not include any of the following:
(a)A fund for which the local unit acts as a trustee or agent.
(b)An internal service fund.
(c)An enterprise fund.
(d)A capital project fund.
(e)A debt service fund.
History: Add. 1978, Act 621, Eff. Apr. 1, 1980 ;-- Am. 2000, Act 493 , Imd. Eff. Jan. 11, 2001