The Executive proposes the adoption of one-year validity of appropriations under the 2018 National Expenditure Program (NEP). According to the Executive, the “policy is aimed at changing the mind-sets of agencies, which defer immediate implementation of their programs and projects authorized under the annual General Appropriations [Act], given the two-year validity of such authorization.” (2018 NEP)
Unexpended appropriation is carried over as Continuing Appropriations to form part of next year's total available appropriations. The two-year validity applies to Maintenance and Other Operating Expense (MOOE) and Capital Outlay (CO). On the other hand, appropriations for Personal Services (PS) for the payment of salaries, benefits and other compensation are valid only for the year that it was appropriated.>>read complete document
