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
Michigan Legal Code