(a) Each appropriation bill authorizing capital expenditures required to be submitted to the legislature in Alaska Stat. § 37.07.020(a) must be accompanied by documents supporting the expenditures. The documents must list, for each project, the

Terms Used In Alaska Statutes 37.07.062

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • 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.
(1) project identification number;
(2) project title;
(3) source of funding;
(4) amount expended on the project during the preceding fiscal year, the amount authorized for the current fiscal year, the amount proposed to be expended during the succeeding fiscal year, and the amount proposed to be expended each year until project completion;
(5) estimated start for construction;
(6) cost of each subsequent phase with estimated construction start and completion dates, for projects that will be completed in phases; and
(7) schedule of bond elections pertaining to the appropriation, including elections previously held.
(b)[Repealed, Sec. 19 ch 61 SLA 2014.]
(c)[Repealed, Sec. 19 ch 61 SLA 2014.]
(d)[Repealed, Sec. 19 ch 61 SLA 2014.]