Michigan Compiled Laws 431-1984-4 Article 4 (18.1401...18.1499)

• Section 18.1401 Meanings Of Words And Phrases.
  For purposes of this article, the words and phrases defined in sections 402 to 404 have the meanings ascribed to them in those sections....
• Section 18.1402 Definitions; C To E.
  (1) “Comprehensive annual financial report” means the official annual financial report of the state published by the department in accordance with section 23 of...
• Section 18.1403 Definitions; I To R.
  (1) “Imprest cash” means an account with the state treasurer into which a fixed amount of money is placed for the purpose of minor...
• Section 18.1404 Definitions; R To W.
  (1) “Revenues” means the increases in the net current assets of a fund other than from expenditure refunds and residual equity transfers. (2) “Revolving...
• Section 18.1411 Repealed. 1988, Act 504, Imd. Eff. Dec. 29, 1988.
  Compiler's Notes: The repealed section pertained to certain appropriations unpaid due to employees' retirement.Popular Name: Act 431Popular Name: DMB
• Section 18.1421 Internal Control In Management Of State's Financial Transactions; Powers Of Director; Accounting Principles.
  (1) In order to establish strong internal control in the management of the state's financial transactions, the director may do any of the following:...
• Section 18.1421a Legislative And Judicial Access To State Financial Management System.
  (1) The legislative and judicial branches of government shall have uninterrupted access to all capabilities of the state financial management system. (2) A person...
• Section 18.1422 Advances.
  The chief executive officer of a principal department may make advances to participants in state programs which require the expenditure of money before reimbursement...
• Section 18.1423 Examination Of Books, Accounts, Documents, Systems, And Financial Affairs.
  The director may examine, or cause to be examined, the books, accounts, documents, systems, and financial affairs of each state agency for the purpose...
• Section 18.1424 Production Of Books, Papers, And Documents; Examination; Testimony; Oaths.
  (1) Upon demand of the director or any person duly designated by the director, an officer or employee of the state government shall produce...
• Section 18.1426 Books, Records, And Systems; Adoption And Use.
  The chief executive officer of each principal department or state agency shall adopt and use the books, records, methods, and systems of accounting and...
• Section 18.1430 Capped Federal Funds, Special Revenue Funds, And Healthy Michigan Fund; Report On Amounts And Sources.
  Within 10 working days after formal presentation of the executive budget, the state budget director shall report to the members of the senate and...
• Section 18.1431 Accounting For Activities And Programs; Assignment; Classification Of Funds.
  The director shall assign the accounting for activities and programs established by the legislature to funds and classify each fund into fund types in...
• Section 18.1432 Merging, Combining, Or Segregating Fund.
  The director, after consultation with the chief executive officer of the state agency significantly involved in the operation of the affected fund, may merge,...
• Section 18.1434 Crediting Certain Revenues To Revolving Fund; Financial Plan; Report.
  Revenues received from rates charged or goods sold and revenue which is received from any other source and designated to be credited to a...
• Section 18.1435 Revolving Funds; Transferring Net Income To General Fund.
  The net income earned each fiscal year in the following revolving funds shall be transferred to the state general fund at the end of...
• Section 18.1437 Advances To Revolving Fund; Repayment; Long Term Advances For Acquisition Of Equipment; Limitation.
  (1) The director may make advances to any revolving fund from time to time during a fiscal year, but all of the advances shall...
• Section 18.1441 Disposition Of Receipts; Directives; Subsection (1) Inapplicable To State Agency Within Legislative Branch.
  (1) The receipts of the state government, from whatever source derived, shall be deposited pursuant to directives issued by the state treasurer and credited...
• Section 18.1442 Expenditure Or Transfer Of Funds Appropriated To Entity Within Legislative Branch.
  Funds appropriated to an entity within the legislative branch of state government shall be expended or be transferred to another account only with the...
• Section 18.1443 Money Received By State Agencies; Forwarding To State Treasurer; Crediting To General Fund; Limitation On Transfers.
  Except as otherwise provided by law, all money received by the various state agencies for whom appropriations are made by a budget act shall...
• Section 18.1444 Encumbrances And Receivables; Reporting And Recording.
  The department shall issue directives which provide that at least once per month, each state agency shall report to the department all encumbrances against...
• Section 18.1447 Scorecard; Metric Categories; Definitions.
  (1) Each fiscal year, by the deadline established in section 363 for the governor to submit a budget to the legislature, each department shall...
• Section 18.1448 Expenditure Of State Funds; Availability Of Information On Website Homepages; "Expenditure Of State Funds" Defined.
  (1) The department shall issue directives requiring all state agencies to provide the department with, and to make available through a link on their...
• Section 18.1451 Lapse Of Unencumbered Balance Of Appropriation; Unascertainable Documents; Charging Encumbrance To Next Succeeding Fiscal Year.
  (1) At the close of the fiscal year, the unencumbered balance of each appropriation shall lapse to the state fund from which it was...
• Section 18.1451a Work Projects.
  (1) Except as provided in section 248, a work project appropriation continues to be available until completion of the work or 48 months after...
• Section 18.1452 Payment And Use Of Amounts Appropriated In Budget Act.
  (1) The amounts appropriated in a budget act shall be paid out of the state treasury at a time and in a manner as...
• Section 18.1453 Appropriations From Restricted Revenues; Limitation On Expenditure.
  If appropriations are made in a budget act from restricted revenues including federal and matching revenues, the amount to be expended from the restricted...
• Section 18.1454 Appropriation Of Full-time Equated Positions; Basis; Report On Status Of Fte Positions; Report Containing Fiscal Year Summary Of Information Required In Subsection (2).
  (1) Each budget act shall appropriate full-time equated positions based on 2,088 hours for 1.0 FTE position. (2) Before the end of each quarter,...
• Section 18.1455 Appropriations For Unclassified Positions; Use; Eligibility Of Incumbents Of Unclassified Positions To Participate In State Contributory Insurance And Longevity Programs; Prior Years' Service As Classified Employee In Determining Amount Of Longevity Payment; Use Of Appropriations For Salaries And Wages; Payment Of Back Salaries Or Wages.
  (1) The appropriations made under a budget act for unclassified positions as specified by a line item appropriation shall only be used for those...
• Section 18.1456 Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999.
  Compiler's Notes: The repealed section pertained to appropriations for contractual services, supplies, and materials.Popular Name: Act 431Popular Name: DMB
• Section 18.1458 Use Of Amounts Authorized For Equal Employment Opportunity Services; Filling Positions; Responsibility.
  The amounts authorized in a budget act for equal employment opportunity services shall only be used to comply with laws or orders relative to...
• Section 18.1459 Repealed. 1988, Act 504, Imd. Eff. Dec. 29, 1988.
  Compiler's Notes: The repealed section pertained to payment of court judgments.Popular Name: Act 431Popular Name: DMB
• Section 18.1460 Indirect Cost Rate Or Percentage; Determination; Report; Request For Appropriations Of Federal Funds Not To Include Funds For Indirect Costs; Charging Indirect Cost To Award, Contract, Or Grant; Crediting Indirect Cost; Availability Of Revenues.
  (1) A state agency shall determine what the indirect cost rate or percentage is for that state agency and shall report that indirect cost...
• Section 18.1461 Audit Pursuant To Federal Law; Single Audits; Conduct; Funding; Encumbering Amounts To Finance Cost Of Audits; Carrying Over Unexpended Amounts; Schedule Of Expenditures Of Federal Awards.
  (1) Each audit performed pursuant to 31 USC 7501 to 7507 shall be conducted by an independent auditor in accordance with generally accepted government...
• Section 18.1462 Plan To Comply With Audit Recommendations.
  Within 60 days after the final audit is released, the principal executive officer of a state agency which is audited shall submit a plan...
• Section 18.1463 Federal Pass-through Funds To Local Institutions And Units Of Local Government; Appropriation; Certain Funds Not To Be Expended Unless Appropriated.
  Federal pass-through funds to local institutions and units of local government which do not require additional state matching funds and for which the criteria...
• Section 18.1470 Procurement Contract For Services; Audit Of Vendor To Verify Compliance; Provision; Availability; Exemption; "Auditor General" Defined.
  (1) Beginning January 1, 2013, if a state agency enters into a procurement contract for services, the contract shall provide that the department or...
• Section 18.1483 Definitions Used In Mcl 18.1483 To 18.1489.
  As used in this section and sections 484 to 489: (a) “Department head” means the head of a principal department. (b) “Internal accounting and...
• Section 18.1484 System Of Reporting And General Framework To Be Used In Evaluations Of Internal Accounting And Administrative Control Systems; Development; Modification; Notice.
  (1) The director, in consultation with the auditor general, shall develop a system of reporting and a general framework which shall be used by...
• Section 18.1485 Internal Accounting And Administrative Control System; Establishment And Maintenance; Elements; Duties Of Head Of Principal Department; Reports.
  (1) The department head of each principal department shall establish and maintain an internal accounting and administrative control system within that principal department using...
• Section 18.1486 Internal Auditor; Appointment; Member Of State Classified Executive Service; Supervision; Protection; Duties; Professional And Auditing Standards.
  (1) Each principal department shall appoint an internal auditor. Each internal auditor shall be a member of the state classified executive service. (2) Except...
• Section 18.1487 Internal Auditor; Reports; Plan To Correct Problems, Abuses, Or Deficiencies; Public Disclosure Of Information.
  (1) Each internal auditor shall report immediately to the department head if the internal auditor becomes aware of particularly serious or flagrant problems, abuses,...
• Section 18.1488 Repealed. 1999, Act 8, Imd. Eff. Mar. 22, 1999.
  Compiler's Notes: The repealed section pertained to budget recommendations.Popular Name: Act 431Popular Name: DMB
• Section 18.1489 Evaluation And Report By Auditor General.
  The auditor general shall evaluate the implementation of the requirements of sections 483 to 488 and shall report to the legislature in the financial...
• Section 18.1491 Fiscal Year.
  The fiscal year of the state shall commence October 1 and continue through September 30. History: 1984, Act 431, Eff. Mar. 29, 1985 Popular...
• Section 18.1492 Including Financial Statements In Comprehensive Annual Financial Report; Responsibility; Statement Format; Audit; Submission Of Statements.
  The financial statements of all state agencies, as defined by generally accepted accounting principles as falling within the reporting responsibility of the state, shall...
• Section 18.1493 Preliminary, Unaudited Financial Statements Including Notes Of General Fund And State School Aid Fund; Submission To Legislature And Fiscal Agency.
  The director shall submit preliminary, unaudited financial statements including notes of the general fund and the state school aid fund to the legislature and...
• Section 18.1494 Comprehensive Annual Financial Report; Publication; Preparation Of Financial Statements; Certificates Of Examination; Disclosure Of Budgetary Basis; Deviation From Generally Accepted Accounting Principles; Establishment And Use Of Capital Outlay Reserve.
  (1) Within 6 months after the end of the fiscal year, the director shall publish a comprehensive annual financial report which shall conform as...
• Section 18.1495, 18.1496 Repealed. 1988, Act 504, Imd. Eff. Dec. 29, 1988.
  Compiler's Notes: The repealed sections pertained to state accounting and fiscal responsibility account and working capital reserve account.Popular Name: Act 431Popular Name: DMB
• Section 18.1497 Itemized Statement Of State Spending Paid To Units Of Local Government And Total State Spending From State Sources; Transmittal; Calculation Of Spending Proportion; Publication Of Report; Reporting Amount Of Additional Payments; Payment Of Amount; Making Up Shortfall In Payments.
  (1) The director shall transmit to the auditor general for review and comment, not later than May 31 of each year, an itemized statement...
• Section 18.1498 Local Government Payment Fund; Creation; Reservation Of Money Appropriated To Fund; Amounts Considered State Payments To Units Of Local Government.
  (1) The local government payment fund is hereby created. Money appropriated to the fund by the legislature shall be reserved for use in a...
• Section 18.1499 Closing Schedule; Procedural Directives; Appropriation Transfer; Monthly Statement Of Estimated Revenues; Latest Published Estimate.
  (1) At least 60 days before the end of the fiscal year, the director shall issue to all state agencies a closing schedule which...

Last modified: October 10, 2016