Nebraska Statutes 81-138.01. Valid encumbrance; what constitutes
For appropriation and expenditure purposes, encumbrances represent financial obligations which are chargeable to the current biennium’s appropriation and for which a part of that appropriation is reserved. Encumbrances which are established in one biennium to be liquidated in a subsequent biennium shall be limited to the following types of transactions:
Terms Used In Nebraska Statutes 81-138.01
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
(1) A purchase order is issued, but the goods and accompanying invoice were not received and paid during the same biennium;
(2) Goods or services were received, but an invoice has not been received and paid;
(3) Goods or services and an invoice were received, but payment could not be made during the same biennium;
(4) Salaries have been earned and are payable to the employees, but have not been paid as of the end of the biennium as a result of pay periods not being consistent with the end of the biennium, except that higher education institutions may encumber payrolls for the remainder of the summer session which is in progress at the end of the state‘s biennium if they have been budgeted and appropriated in such manner; and
(5) A written agreement for a grant or award to distribute aid was signed but was not paid during the same biennium.