expenditure classification handbook


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CLASSES OF EXPENDITURES i INTRODUCTION This Handbook includes the expenditure class numbers and descriptions regarding the encumbering and expenditure of 

PDF Expenditure Classification Crosswalk

About the Handbook: This handbook includes the codes code descriptions and instructions for the encumbering and expenditure of funds on requisitions/purchase 

  • "Object of expenditure" includes, but is not limited to, personal services, operating costs and capital outlay.
    Object of expenditure is used in the budget Appropriation resolution to identify categories that that have budgetary spending limits for the calendar year.

  • What are the classification of expenditures?

    There are three main types of expenditures: revenue, capital & deferred revenue.
    Revenue expenditures are usually recurring expenses received during the accounting year, while capital expenditures are one-time costs that the business expects to spread over multiple years.

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