Carryover

From WikiMD's Food, Medicine & Wellness Encyclopedia

Unobligated Federal funds remaining at the end of any budget period that, with the approval of the GMO or under an automatic authority, may be carried forward to another budget period to cover allowable costs of that budget period (whether as an offset or additional authorization). Obligated, but unliquidated, funds are not considered carryover.

Carryover Resources
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Contributors: Prab R. Tumpati, MD