Minnesota Statutes 136F.74 – Carryover Authority
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The board may carry over any unexpended balance from its appropriation from the first year of a biennium into the second year of the biennium. The board may carry over any unexpended balance into the following biennium. The amounts carried over must not be taken into account in determining state appropriations and must not be deducted from a later appropriation.
Terms Used In Minnesota Statutes 136F.74
- 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
- state: extends to and includes the District of Columbia and the several territories. See Minnesota Statutes 645.44