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A statutory appropriation is a type of government funding that is automatically allocated by law without the need for annual budget approval by the legislative body. These appropriations are established through specific statutes or legislation, ensuring that certain programs or expenditures receive funding on a continuous basis. This mechanism allows for a more predictable funding stream for essential services and programs, such as social security or specific government operations. Statutory appropriations can streamline financial planning and management within government agencies.

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1mo ago

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