1997 Alaska Statutes
Title 37 PUBLIC FINANCE
Chapter 37.07. EXECUTIVE BUDGET ACT
Sec. 37.07.120. Definitions.

In this chapter

(1) "agency" means a department, officer, institution, board, commission, bureau, division, or other administrative unit forming the state government and includes the Alaska Pioneers' Home and the University of Alaska, but does not include the legislature or the judiciary;

(2) "allocation" means an amount set out as a legislative guideline for expenditure by a state agency for a stated purpose within the total amount of an appropriation;

(3) "appropriation" means a maximum amount available for expenditure by a state agency for a stated purpose set out in an appropriation act;

(4) "capital projects" and "capital improvements" mean an allocation or appropriation item for an asset with an anticipated life exceeding one year and a cost exceeding $25,000 and include land acquisition, construction, structural improvement, engineering and design for the project, and equipment and repair costs;

(5) "fiscal year" means a year beginning on July 1 of one calendar year and ending on June 30 of the following calendar year;

(6) "object of expenditure" means a line item of expenditure within an allocation or an appropriation;

(7) "office" means the Alaska office of management and budget established in the Office of the Governor by AS 44.19.141 .