Terms Used In Utah Code > Title 63J > Chapter 1 > Part 1 - General Provisions

• Agency: means a unit of accounting, typically associated with a department, division, board, council, committee, institution, office, bureau, or other similar administrative unit of state government, that includes line items and programs. See Utah Code 63J-1-102
• 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
• Budget execution plan: means a proposal submitted by an administrative unit of state government to the Division of Finance enumerating expected revenues and authorized expenditures within line items and among programs. See Utah Code 63J-1-102
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Dedicated credits: includes :

  (i)	assessments;

  (ii)	sales of goods and materials;

  (iii)

  sales of services;

  (iv)	permits, licenses, and other fees;

  (v)	fines, penalties, and forfeitures; and

  (vi)

  rental revenue. See Utah Code 63J-1-102 Expendable receipts: includes : (i)  grants; (ii)  state matches for federal revenues paid by a nonstate entity; and (iii)  rebates, including pharmacy rebates, that have similar restrictions on expenditures as the original program. See Utah Code 63J-1-102 Federal revenues: means collections by an agency from a federal source that are deposited into an account for expenditure by the agency. See Utah Code 63J-1-102 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. Free revenue: includes : (a)  collections that are required by law to be deposited in: (i)  the General Fund; (ii)  the Income Tax Fund; (iii)  the Uniform School Fund; or (iv)  the Transportation Fund; (b)  collections that are not otherwise designated by law; (c)  collections that are not externally restricted; and (d)  collections that are not included in an approved budget execution plan. See Utah Code 63J-1-102 Item of appropriation: means an authorization of expenditure contained in legislation that appropriates funds and includes the following: (i)  the name of the agency and line item to which authorization is granted; and (ii)  sources of finance from which authorization is granted and associated amounts authorized. See Utah Code 63J-1-102 Line item: means a unit of accounting, typically representing an administrative unit of state government within an agency, that contains one or more programs. See Utah Code 63J-1-102 Major revenue types: means : (a)  free revenue; (b)  federal revenue; (c)  restricted revenue; (d)  dedicated credits; and (e)  expendable receipts. See Utah Code 63J-1-102 Program: means a unit of accounting included on a schedule of programs within a line item used to track budget authorizations, collections, and expenditures on specific purposes or functions. See Utah Code 63J-1-102 Restricted revenue: means collections that are: (a)  deposited, by law, into a separate fund, subfund, or account; and (b)  designated for a specific program or purpose. See Utah Code 63J-1-102 Schedule of programs: means a list of programs and associated authorization amounts within an item of appropriation. See Utah Code 63J-1-102 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