Terms Used In Illinois Compiled Statutes 30 ILCS 105/24

  • 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
     The item “reserve,” when used in an appropriation act, shall include expenditures for public purposes which were unforeseen by the General Assembly.