Terms Used In Utah Code > Title 53B > Chapter 22 > Part 2 - Capital Developments

• 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
• Board: means the Utah Board of Higher Education described in Section 53B-1-402. See Utah Code 53B-1-101.5
• Capital development: means the same as capital development project, as defined in Section 63A-5b-401. See Utah Code 53B-22-201
• Consumer Price Index: means the Consumer Price Index for All Urban Consumers as published by the Bureau of Labor Statistics of the United States Department of Labor. See Utah Code 53B-22-201
• Dedicated project: means a capital development project for which state funds from an institution's allocation are requested or used. See Utah Code 53B-22-201
• degree-granting institution: means an institution of higher education described in Subsection 53B-1-102(1)(a). See Utah Code 53B-1-101.5
• Fund: means the Higher Education Capital Projects Fund created in Section 53B-22-202. See Utah Code 53B-22-201
• Institution: means a degree-granting institution. See Utah Code 53B-22-201
• Nondedicated project: means a capital development project for which state funds from a source other than an institution's allocation are requested or used. See Utah Code 53B-22-201
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
• State funds: means the same as that term is defined in Section 63A-5b-401. See Utah Code 53B-22-201
• United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5