§ 10101 Legislative Intent
§ 10102 Creation of Y Kuentan Salappe\’ Prinsepat (Principal\’s Fund)
§ 10103 Y Kuentan Salappe\’ Prinsepat to be Placed in Office of the\r\nSuperintendent of Schools Budget Request
§ 10104 Reversion of Unexpended Funds to General Fund
§ 10105 Accountability of Funds
§ 10106 Level of Funding
§ 10107 Appropriation
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Terms Used In Guam Code > Title 17 > Chapter 10 - Y Kuentan Salappe' Prinsepat (Principal's 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
  • 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.