California Codes > Education Code > Title 2 > Division 2 > Part 20 > Chapter 3 > Article 8 – Educational Evaluations
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Terms Used In California Codes > Education Code > Title 2 > Division 2 > Part 20 > Chapter 3 > Article 8 - Educational Evaluations
- Continuance: Putting off of a hearing ot trial until a later time.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.