Nebraska Statutes 16-704. Annual appropriation bill; contents
Current as of: 2024 | Check for updates
|
Other versions
Each city of the first class shall adopt a budget statement pursuant to the Nebraska Budget Act, to be termed “The Annual Appropriation Bill”, in which the city may appropriate such sums of money as may be deemed necessary to defray all necessary expenses and liabilities of such city.
Terms Used In Nebraska Statutes 16-704
- 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
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.