The Secretary of Finance during the last month of the fiscal year may set aside, from unexpended appropriations, a sum sufficient to pay all bills for which requisitions have been issued in accordance with this chapter during the fiscal year, but which remain unpaid. No such sum shall be set aside for the purpose of paying state employees’ salaries or wages which do not become due and payable until the next fiscal year. Funds so set aside shall not lapse or revert at the end of such fiscal year and shall continue to be available in the fiscal year following until reverted by the Secretary of Finance. In no instance shall such funds continue beyond June 30 of the fiscal year following.

32 Del. Laws, c. 30, § ?10; Code 1935, § ?433; 29 Del. C. 1953, § ?6521; 53 Del. Laws, c. 105; 54 Del. Laws, c. 39, § ?5; 57 Del. Laws, c. 741, § ?1D; 60 Del. Laws, c. 113, § ?56; 60 Del. Laws, c. 289, § ?9;

Terms Used In Delaware Code Title 29 Sec. 6521

  • 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.
  • Month: means a calendar month, unless otherwise expressed. See Delaware Code Title 1 Sec. 302
  • Secretary of Finance: shall mean the Secretary of Finance or a duly authorized designee. See Delaware Code Title 29 Sec. 6501
  • State: means the State of Delaware; and when applied to different parts of the United States, it includes the District of Columbia and the several territories and possessions of the United States. See Delaware Code Title 1 Sec. 302
  • Year: means a calendar year, and is equivalent to the words "year of our Lord. See Delaware Code Title 1 Sec. 302
  Previous section
Next section  
 Chapter 65 Contents