Mich. Comp. Laws § 141.422a

Current through Public Act 166 of the 2024 Legislative Session
Section 141.422a - Definitions; A, B
(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.

MCL 141.422a

Add. 1978, Act 621, Eff. 4/1/1980 ;--Am. 2000, Act 493, Imd. Eff. 1/11/2001 .