Michigan Compiled Laws
Act 2 of 1968 - Uniform Budgeting and Accounting Act (141.421 - 141.440a)
Section 141.422a - Definitions; A, B.

Sec. 2a.
(1) "Administrative officer" means an individual employed or otherwise engaged by a local unit to supervise a budgetary center.
(2) "Allotment" means a portion of an appropriation which may be expended or encumbered during a certain period of time.
(3) "Appropriation" means an authorization granted by a legislative body to incur obligations and to expend public funds for a stated purpose.
(4) "Budget" means a plan of financial operation for a given period of time, including an estimate of all proposed expenditures from the funds of a local unit and the proposed means of financing the expenditures. Budget does not include any of the following:
(a) A fund for which the local unit acts as a trustee or agent.
(b) An internal service fund.
(c) An enterprise fund.
(d) A capital project fund.
(e) A debt service fund.
History: Add. 1978, Act 621, Eff. Apr. 1, 1980 ;-- Am. 2000, Act 493, Imd. Eff. Jan. 11, 2001

Structure Michigan Compiled Laws