What is carryover?

Carryover refers to year-end savings that can be carried forward into the next fiscal year to cover any one-time expenses such as supplies, equipment or special contracts that were originally expected to have occurred in the previous fiscal year.

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1. What does Office of Management and Budget (OMB) do?
2. What is a "Fiscal Year" (FY) and when does it begin and end?
3. What is the budget process?
4. What is the difference between the capital budget and the operating budget?
5. How do I get involved or learn about the budget before it’s adopted?
6. What does it mean to “adopt the budget”?
7. Where does the city’s revenue come from?
8. What is an expenditure?
9. What are infrastructure and capital improvements?
10. What is meant by “budget appropriation”?
11. What is a budget adjustment?
12. What is a budget transfer?
13. What is carryover?
14. What is a full-time equivalent position (FTE)?
15. What are user charges?
16. How do I obtain a copy of the Fiscal Year Operating (includes the Message of City Manager) and Capital Improvement Plan Budget?