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Code · Michigan · Chapter 141 — Municipal Financing

141.422c Definitions; E to G.

93 words·~1 min read·/mi/chapter-141/141-422c

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141.422c Definitions; E to G.
Sec. 2c.
(1)"Expenditure" means the cost of goods delivered or services rendered, whether paid or unpaid, including expenses, debt retirement not reported as a liability of the fund from which retired, or capital outlay.
(2)"General appropriations act" means the budget as adopted by the legislative body or as otherwise given legal effect pursuant to a charter provision in effect on the effective date of this section.
History: Add. 1978, Act 621, Eff. Apr. 1, 1980 ;-- Am. 2000, Act 493 , Imd. Eff. Jan. 11, 2001
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