Michigan Laws 421.6f – Appropriation to fund improvements; expenditure; work project
Current as of: 2024 | Check for updates
|
Other versions
(1) The $2,700,000.00 appropriated for the fiscal year ending September 30, 1990, from the penalty and interest account in the contingent fund to fund improvements in the commission headquarters’ offices in Detroit shall be expended upon approval by the commission as follows:
(a) $950,000.00 for elevator modernization.
Terms Used In Michigan Laws 421.6f
- 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.
(b) $1,200,000.00 for fire suppression and alarm systems.
(c) $550,000.00 for exterior and other repairs.
(2) This appropriation described in subsection (1) shall be considered a work project and shall not lapse at the end of the current fiscal year but shall continue to be available for expenditure until the project is completed.