Meaning Spending Authority
What does Spending Authority mean? Here you find 2 meanings of the word Spending Authority. You can also add a definition of Spending Authority yourself
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Spending AuthorityThe 1974 budget act defines authority as borrowing authority, contract authority, and entitlement authority for which budget authority is not provided in advance by appropriations acts.
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Spending AuthorityOn University financial reports, spending authority shows activity in all income account codes (1XX). For fund 10 project grants, spending authority usually only contains budget appropriations (105-109 codes). For funds other than fund 10, "spending authority" includes not only current-year income and transfers, but also the accumulated, [..]
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