Unencumbered or unobligated means funding within a decategorization services funding pool that is not spent by the project’s governance board for a specific program or purpose by the close of the state fiscal year.
Examples of Unencumbered or unobligated in a sentence
Unencumbered or unobligated funds are defined as those funds which have not been obligated by contract by the end of the fiscal year to complete all or part of a work activity or project listed in the UPWP.
Repealed by .Unencumbered or unobligated balances in the fund at the close of any fiscal year beginning on or after July 1, 2012, to be credited to the general fund of the state; 2013 Acts, ch 139, §56 904.118A Central warehouse fund.The department shall establish a fund for maintaining and operating a central warehouse and supply depot and distribution facility for surplus government products, canned goods, paper products, other staples, and for such other items as determined by the department.