Encumbrance system definition
Encumbrance system means a method of budgetary control where part of an
Encumbrance system means a method of budgetary control where part of an appropriation is reserved to cover a specific expenditure by charging obligations, such as purchase orders, contracts, or salary commitments to an appropriation account. An expenditure ceases to be an encumbrance when paid or when the actual liability is entered in the books of account.
Encumbrance system means a method of budgetary control in which part of an
More Definitions of Encumbrance system
Encumbrance system means a method of budgetary control in which part of an appropriation is reserved to cover a specific expenditure by charging obligations, such as purchase orders, contracts, or salary commitments to an appropriation account at their time of origin. Such obligations cease to be encumbrances when paid or when the actual liability is entered on the city's books of account.
Encumbrance system means a method of budgetary control in which part
Encumbrance system means a method of budgetary control in which part of an 718 appropriation is reserved to cover a specific expenditure by charging obligations, such as