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Budget authority

Definition: [crh] Broad responsibility conferred by Congress that empower government agencies to spend federal funds. Congress can specify criteria foDefinition: r the spending of these funds. For example, it may stipulate that a given agency must spend within a specific year, number of years, or any time in the future.

The basic forms of budget authorityDefinition: are; appropriations, authority to borrow, contract authority, and authority to obligatDefinition: e and expend offsetting receipts and collections. The period of time during which Congress makes funds avaDefinition: ilable may be specified as one-year, multiple years or no year. The available amount may be classified as either definite or indefinite; a specific amount or an unspecified amount can be made availabDefinition: le. Authority may also be classified as current or permanent. Permanent authority requires no current action by Congress.

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