8.33 Time limit on obligations — reversion.
1. No obligation of any kind shall be incurred or created subsequent to the last day of the fiscal year for which an appropriation is made, except when specific provision otherwise is made in the Act making the appropriation. On August 31, or as otherwise provided in an appropriation Act, following the close of each fiscal year, all unencumbered or unobligated balances of appropriations made for that fiscal term revert to the state treasury and to the credit of the funds from which the appropriations were made, except that capital expenditures for the purchase of land or the erection of buildings or new construction continue in force until the attainment of the object or the completion of the work for which the appropriations were made unless the Act making an appropriation for the capital expenditure contains a specific provision relating to a time limit for incurring an obligation or reversion of funds. This section does not repeal sections 7D.11 through 7D.14.
2. A payment of an obligation for goods and services shall not be charged to an appropriation subsequent to the last day of the fiscal year for which the appropriation is made unless the goods or services are received on or before the last day of the fiscal year, except that repair projects, purchase of specialized equipment and furnishings, and other contracts for services and capital expenditures for the purchase of land or the erection of buildings or new construction or remodeling, which were committed and in progress prior to the end of the fiscal year are excluded from this subsection.
[C35, §84-e26; C39, §84.26; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §8.33]
83 Acts, ch 172, §1; 84 Acts, ch 1091, §1; 84 Acts, ch 1305, §17; 86 Acts, ch 1245, §2020; 86 Acts, ch 1246, §770; 89 Acts, ch 284, §2; 2019 Acts, ch 59, §2
Referred to in §2.12B, 8.55, 8.56, 8.57, 8.57B, 8.57E, 8.57F, 8.57G, 8.57H, 8.62, 8.75, 8A.123, 8A.321, 8A.328, 8A.330, 8A.431, 8A.432, 8A.434, 8A.435, 8A.436, 8A.437, 8A.438, 8A.457, 8A.460, 8A.502, 8B.11, 8B.13, 8B.33, 8D.14, 9.8, 9.13, 11.6, 12.72, 12.79, 12.82, 12.88, 12.88A, 12.89, 12.91, 12A.6, 12I.4, 15.106A, 15.231, 15.261, 15.262, 15.293, 15.313, 15.335B, 15.338, 15.343, 15.371, 15.412, 15B.3, 15C.1, 15C.2, 15E.311, 15E.363, 15E.370, 15F.107, 15F.204, 15F.205, 15F.403, 15H.5, 15H.10, 16.5, 16.40, 16.41, 16.45, 16.46, 16.47, 16.48, 16.49, 16.57B, 16.134, 16.134A, 16.141, 16.153, 16.181, 25.2, 29C.17A, 34A.7A, 35A.5, 35A.16, 35D.18, 47.11, 80.42, 80.43, 80.44, 80.46, 80.47, 80.48, 80A.14, 80B.16, 80B.19, 80E.4, 84A.13, 84A.13A, 89.8, 89A.19, 90A.10, 91C.9, 99B.58, 99D.9B, 99D.13, 99F.20, 100B.4, 100B.12, 100B.13, 100C.9, 100D.7, 103.7, 105.9, 123.183, 124.557, 124E.10, 135.25, 135.39A, 135.175, 135.181, 135A.8, 136C.10, 142C.15, 144.13A, 144.46A, 147.82, 147A.6, 159.21, 159A.7, 159A.16, 161A.80A, 161D.2, 161D.12, 161G.2, 162.2C, 163.3B, 165B.2, 169.5, 169A.13A, 170.3C, 173.22, 190A.5, 190B.201, 204.6, 216B.3, 222.92, 225C.7A, 225C.41, 225D.2, 231.23, 231E.4, 232.188, 234.45, 235A.2, 249A.33, 249A.50, 249L.4, 249M.4, 256.25, 256.34, 256.36, 256.39, 256.40, 256.44, 256.52, 256.87, 256I.11, 257.16A, 257.16C, 257.16D, 257.51, 260C.18A, 260H.2, 260I.2, 261.38, 261.72, 261.73, 261.86, 261.87, 261.110, 261.113, 261.114, 261.115, 261.116, 261.120, 261.131, 261.132, 261B.8, 261E.13, 272.10, 284.6A, 284.13, 284.14, 303.3, 303.3D, 303.9, 303A.4, 303A.7, 307.20, 307.46, 312.2, 312A.2, 314.28, 321.34, 321G.7, 321I.8, 324A.6A, 327G.29, 327H.20A, 327J.2, 331.604, 418.10, 418.16, 426B.1, 426C.2, 452A.79A, 453A.2, 453A.35A, 455A.18, 455A.19, 455B.112A, 455B.133B, 455B.133C, 455B.183A, 455B.196, 455B.265A, 455D.11C, 455D.15, 455E.11, 455G.3, 455G.21, 455H.401, 456A.17, 456A.21, 456A.33C, 459.401, 459.501, 460.303, 461.31, 466.9, 466B.45, 466B.46, 473.19A, 476.10A, 476.46, 476.46A, 483A.3B, 502.601, 514I.11, 523C.24, 524.207, 533C.902, 537.6203, 541A.7, 543D.6, 543E.10, 546.12, 553.19, 602.1302, 602.8108, 691.6, 692.2A, 692A.119, 714.16A, 714.16C, 714.23, 717F.9, 724.11, 904.117, 904.118A, 904.303A, 904.311, 904.311A, 904.321, 904.703, 904.706, 915.94, 915.95
Structure Iowa Code
Title I - STATE SOVEREIGNTY AND MANAGEMENT
Chapter 8 - DEPARTMENT OF MANAGEMENT — BUDGET AND FINANCIAL CONTROL ACT
Section 8.3A - Capital project planning and budgeting — governor’s duties.
Section 8.4 - Department of management.
Section 8.5 - General powers and duties.
Section 8.6 - Specific powers and duties.
Section 8.7 - Reporting of gifts and bequests received.
Section 8.8 - Special olympics fund — appropriation.
Section 8.9 - Grants enterprise management office.
Section 8.10 - Facilitator’s duties.
Section 8.11 - Grant applications — minority impact statements.
Section 8.21 - Budget transmitted.
Section 8.22 - Nature and contents of budget.
Section 8.22A - Revenue estimating conference.
Section 8.23 - Annual departmental estimates.
Section 8.24 - Annual estimate of income.
Section 8.25 - Tentative budget.
Section 8.27 - Preparation of budget.
Section 8.28 - Supplemental estimates.
Section 8.29 - Regents universities — uniform accounting system.
Section 8.30 - Availability of appropriations.
Section 8.31 - Allotments of appropriations — exceptions — modifications.
Section 8.32 - Conditional availability of appropriations.
Section 8.33 - Time limit on obligations — reversion.
Section 8.34 - Charging off unexpended appropriations.
Section 8.35 - General supervisory control.
Section 8.35A - Information to be given to legislative services agency.
Section 8.36A - Full-time equivalent positions.
Section 8.38 - Misuse of appropriations.
Section 8.39 - Use of appropriations — transfer.
Section 8.39A - Transfer of moneys or positions — changes in tables of organization — notification.
Section 8.40 - Penalty — removal — impeachment.
Section 8.41 - Federal funds — deposit — block grant plans — affected political subdivisions.
Section 8.41A - Federal recovery and reinvestment fund.
Section 8.42 - Payroll accrual account.
Section 8.43 - Salary adjustment fund.
Section 8.44 - Reporting additional funds received.
Section 8.45 - Purchase of real estate by state departments.
Section 8.46 - Lease-purchase — reporting.
Section 8.47 - Service contracts.
Section 8.51 - Political subdivisions — fiscal year — unexpended funds.
Section 8.52 - Planning responsibility.
Section 8.53 - GAAP deficit — GAAP implementation.
Section 8.54 - General fund expenditure limitation.
Section 8.55 - Iowa economic emergency fund.
Section 8.56 - Cash reserve fund.
Section 8.57A - Environment first fund.
Section 8.57B - Water quality infrastructure fund — creation — appropriations.
Section 8.57C - Technology reinvestment fund.
Section 8.57D - Vertical infrastructure restricted capitals fund.
Section 8.57E - Taxpayer relief fund.
Section 8.57F - State bond repayment fund.
Section 8.57G - Iowa coronavirus fiscal recovery fund.
Section 8.57H - Iowa coronavirus capital projects fund.
Section 8.58 - Exemption from automatic application.
Section 8.59 - Appropriations freeze.
Section 8.60 - Use of designated moneys.
Section 8.61 - Trust fund information.
Section 8.62 - Use of reversions.
Section 8.63 - Innovations fund.
Section 8.69 - Tim Shields center for governing excellence in Iowa.