Alaska Statutes > Title 42 > Chapter 45 > Article 2 – Power Cost Equalization Endowment Fund
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Terms Used In Alaska Statutes > Title 42 > Chapter 45 > Article 2 - Power Cost Equalization Endowment Fund
- 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
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- authority: means the Alaska Energy Authority. See Alaska Statutes 42.45.990
- Fiduciary: A trustee, executor, or administrator.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- power: includes electrical energy generated, distributed, bought, or sold for lighting, heating, power, and every other useful purpose. See Alaska Statutes 42.45.990