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Terms Used In New Hampshire Revised Statutes 4-A:7

  • 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.
The governor shall include in the budget transmitted to the general court, for each fiscal year in which the governor’s regular term of office will expire, an appropriation not to exceed $75,000 for carrying out the purpose of this chapter.