Wi
BudgetAI Summary
This Wisconsin Department of Administration accounting manual section outlines the framework for state budget appropriations, which operate on a two-year cycle with fiscal years running July 1 to June 30. It establishes that appropriations are legislative authorizations for specific expenditures from designated funds, identified through alpha/numeric codes, and that all state agencies must reference an appropriation for every financial transaction while using commitment control features to enforce budgetary limits. The manual specifies procedures for agencies to validate budget amounts through PeopleSoft's budget overview and details pages, which track budget balances by calculating expenses and encumbrances against authorized amounts.
Topics
Document preview
Preview blocked by the source? Use the "Open PDF" button above.
More budgets from Madison
The City of Madison's 2025 proposed budget, released in October 2024, requires the city to balance spending primarily through local resources without significant state or federal support. The budget includes a $22 million referendum question for voters to decide on service levels and spending. Key issues affecting the budget include the outcome of the referendum, slow recovery in Metro Transit and room tax/parking revenues, potential workforce changes, and comparison of Madison's spending levels to other municipalities.
AI summary