Obligational Authority
3 definitions

Obligational Authority

The sum of (1) budget authority enacted for a given fiscal year, (2) unobligated balances of amounts that have not expired brought forward from prior years, (3) amounts of offsetting collections to be credited and available to specific funds or accounts during that year, and (4) budget authority transferred from other funds or accounts. The balance of obligational authority is an amount carried over from one year to the next if the budget authority is available for obligation in the next fiscal year. Not all obligational authority that becomes available in a fiscal year is obligated and paid out in that same year. Balances are described as (1) obligated, (2) unobligated, or (3) unexpended. 

Obligational Authority

The total amount of funds that may be obligated in a year. For the Federal-Aid Highway Program this is comprised of the obligation limitation amount plus amounts for programs exempt from the limitation.

Obligational Authority

The sum of (1) budget authority provided for a given fiscal year, (2) balances of amounts brought forward from prior years that remain available for obligation, and (3) amounts authorized to be credited to a specific fund or account during that year, including transfers between funds or accounts.

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About this term

Obligational Authority has been defined 3 different ways in documents like A Glossary of Terms Used in the Federal Budget Process, Planning Glossary, DoD Financial Management Regulation Glossary.

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