2606 - FW/Reprogramming Flashcards
What is the authority granted by appropriation law to enter into obligations that will result in immediate or future outlays
Budget Authority
Define Commitment
An administrative reservation of funds.
Define Obligation
A legal reservation of funds.
Define Expenditure
The issuance of a Government check.
Define Outlay
The check clears the Treasury Department and funds are actually paid out, there is an outlay of Government funds.
What is the difference between expired funds and cancelled funds?
After their obligation period, funds “expire” and can still be used in certain circumstances. After the 5 year expired period the funds become canceled, and cannot be used.
What are the three major legal provisions that concern funds execution.
- Misappropriation Act (Purpose or Color)
- Bona Fide Need Rule (Time or Year)
- Anti-deficiency Act (Amount)
Congress recognizes the need for some flexibility in budget execution, and provides DOD with a method to make limited changes in its appropriated funding. This is called:
Reprogramming
_____________permits the use of funds for purposes other than those intended by Congress at the time originally appropriated.
Reprogramming
What are the four reasons that requires prior approval from Congress for reprogramming authority.
- Moving funds between appropriations
- Increasing quantities of major systems
- New starts
- Designated special interest items
Most reprogramming actions are approved at the ____________level using ___________ reprogramming.
Service or agency, below threshold
Realigning funds between activities that are below the level of control for that appropriation category (?does/does not?) require a reprogramming action, and that this type of funds transfer can be approved by the______________.
Does not, Program Manager
