New Hampshire Revised Statutes 52-A:6 – Method of Appropriation
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Terms Used In New Hampshire Revised Statutes 52-A:6
- 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 municipality shall adopt a budgetary appropriation for capital and operating expenditures in a special assessment district as part of its budget process. The expense of constructing and maintaining the public facilities and performing public services described in the improvement plan, or paying off any capital debt or interest incurred in constructing or maintaining the public facilities on an annual basis, shall be included in the budgetary appropriation. At the end of each fiscal year, a full accounting of expenditures shall be made.