Releases Budget Structure

Design

Annual plans for quarterly releases of all Appropriations are developed, approved, and furnished to the Chief Financial Officer for state agencies by EOG/OPB. Appropriations may be made available on a scheduled basis or when specified criteria is met. The appropriations amounts available for expenditures by agencies are referred to as Releases. Release amounts are provided in the General Appropriations Act (GAA)/Adjusted Appropriations information transferred from LAS/PBS to Florida PALM.

The following design considerations are applied to the Releases budget structure:

• This Budget Structure is set to a Control Option of “Control” to ensure that agencies cannot exceed the Released amount.
• The Account Type is “Expenditure” so that all expenditure transactions check against Releases. However, encumbrances do not affect the release ledger balance.
• The Budget Calendar is set to “Annual” to configure Budget Year, mirroring the State of Florida Fiscal Year.
• The Releases Budget Structure is configured as a child to the parent Appropriations Budget Structure.

Maintenance

The Florida PALM Releases Budget Structure is configured and maintained by DFS, based on the GAA/Adjusted Appropriations provided from LAS/PBS, and is used by all agencies.

Version History