Statutes > Michigan Statutes > Chapter 18 - DEPARTMENT OF MANAGEMENT AND BUDGET > Act 431 of 1984 - THE MANAGEMENT AND BUDGET ACT (18.1101 - 18.1594) > 431-1984-2 - ARTICLE 2 (18.1201...18.1299) > Section 18.1249 - Matching revenues.

Section 18.1249 - Matching revenues.

THE MANAGEMENT AND BUDGET ACT (EXCERPT)
Act 431 of 1984

18.1249 Matching revenues.

Sec. 249.

If matching revenues for a capital outlay project are received in an amount less than the appropriations contained in a budget act, the state portion of the appropriation shall be reduced in proportion to the amount of matching revenue received.


History: 1984, Act 431, Eff. Mar. 29, 1985
Popular Name: Act 431
Popular Name: DMB