Texas Special District Local Laws Code Chapter 1088 > Subchapter A – General Provisions
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Terms Used In Texas Special District Local Laws Code Chapter 1088 > Subchapter A - General Provisions
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- 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
- United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005