Delaware Code Title 2 Sec. 1418 – Deauthorization of funds
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Any funds authorized in a bond and capital improvements act for the Community Transportation Fund but not designated to a specific transportation project by June 30 of the third fiscal year of the appropriation shall be deauthorized; however, no such funds shall be deauthorized prior to July 1, 2005.
69 Del. Laws, c. 77, § ?62; 73 Del. Laws, c. 95, § ?84(e)(1); 73 Del. Laws, c. 350, § ?85;
Terms Used In Delaware Code Title 2 Sec. 1418
- 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
- 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.