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Fiscal office outlines capital budget terms, reallocations and effects on corrections projects
Summary
At a joint fiscal committee briefing, Scott Moore of the state fiscal office explained appropriation, allocation, encumbrance and reallocation rules that shape the capital bill and highlighted how those processes have affected corrections-related projects such as the 108 Cherry Street garage and work at St. Albans Correctional Facility.
Scott Moore, joining the fiscal office, told a joint fiscal committee meeting that the differences between appropriation, allocation and authorization determine how money appears in the capital bill and how much of that money is actually available to spend.
"Appropriation is an authorization granted by the constitution or the legislature to make expenditures or to incur obligations for a specific purpose," Moore said. He used an example in which a capital bill contains a $2,000,000 appropriation to build a garage and the legislature then allocates part of that amount or directs the treasurer to issue bonds to finance the work.
The briefing explained several terms the committee will use repeatedly while shaping the capital bill. Allocation was defined as the portion of a lump-sum appropriation designated for particular units or projects; obligation is the legal requirement created when the state signs a contract; encumbrance is the portion of an appropriation that is…
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