Nebraska Statutes 17-706. Annual appropriation bill; contents
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The city council of a city of the second class and the village board of trustees shall adopt a budget statement pursuant to the Nebraska Budget Act, to be termed “The Annual Appropriation Bill”, in which the city or village may appropriate such sums of money as may be deemed necessary to defray all necessary expenses and liabilities of such municipality.
Source
- Laws 1879, § 86, p. 225;
- R.S.1913, § 5184;
- C.S.1922, § 4371;
- C.S.1929, § 17-569;
- R.S.1943, § 17-706;
- Laws 1967, c. 78, § 2, p. 249;
- Laws 1972, LB 1423, § 1;
- Laws 1993, LB 734, § 26;
- Laws 1995, LB 194, § 6;
- Laws 2017, LB133, § 219.
Terms Used In Nebraska Statutes 17-706
- 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
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.