total obligational authority (TOA)
简明释义
预算授权总额
英英释义
例句
1.The agency's budget was approved, granting them a total obligational authority (TOA) of $5 million for the fiscal year.
该机构的预算获得批准,赋予他们本财政年度500万美元的总义务权限 (TOA)。
2.The total obligational authority (TOA) must be reported quarterly to ensure compliance with federal regulations.
必须每季度报告总义务权限 (TOA)以确保遵守联邦法规。
3.To successfully manage the project, we need to understand our total obligational authority (TOA) and how it affects our spending.
为了成功管理该项目,我们需要了解我们的总义务权限 (TOA)及其对支出的影响。
4.Understanding the implications of our total obligational authority (TOA) is crucial for future funding applications.
理解我们的总义务权限 (TOA)的影响对未来的资金申请至关重要。
5.We have exceeded our total obligational authority (TOA) this quarter, which may lead to budget cuts.
我们在本季度超出了我们的总义务权限 (TOA),这可能会导致预算削减。
作文
Understanding the concept of total obligational authority (TOA) is crucial for anyone involved in federal budgeting and financial management. The term refers to the total amount of funds that an agency is authorized to obligate during a specific period, typically a fiscal year. This authority plays a significant role in ensuring that government agencies can plan and execute their programs effectively while adhering to legal and budgetary constraints.The total obligational authority (TOA) is established through the appropriations process, where Congress allocates funds to various federal agencies. Each agency receives a certain amount of TOA, which dictates how much they can commit to spending on contracts, grants, and other financial obligations. This system ensures that agencies do not exceed their financial limits, promoting accountability and responsible fiscal management.One of the primary benefits of having a clear total obligational authority (TOA) is that it allows agencies to prioritize their spending based on available resources. For instance, if an agency has a limited TOA, it must carefully consider which programs or projects are essential and allocate funds accordingly. This prioritization helps agencies focus on their core missions and deliver services more efficiently.Moreover, the total obligational authority (TOA) serves as a vital tool for oversight and control. By monitoring the obligations made against the TOA, both agency leaders and Congress can assess whether an agency is operating within its means. This oversight is essential for preventing wasteful spending and ensuring that taxpayer dollars are used effectively.In addition to its role in budgeting and oversight, the total obligational authority (TOA) also impacts the overall economy. When federal agencies have sufficient TOA, they can engage in contracts and procurements that stimulate economic activity. For example, when an agency has the authority to obligate funds for infrastructure projects, it can create jobs and boost local economies. Conversely, if an agency's TOA is limited, it may have to delay or scale back important projects, which can have negative ripple effects on the economy.Furthermore, understanding total obligational authority (TOA) is essential for stakeholders outside the government, such as contractors and non-profit organizations. These entities often rely on federal funding for their operations, and knowledge of TOA can help them navigate the complexities of federal funding opportunities. By being aware of the TOA, these stakeholders can better position themselves to apply for grants and contracts, ensuring they align their proposals with the available funding.In conclusion, the concept of total obligational authority (TOA) is fundamental to the functioning of federal agencies and the broader economic landscape. It establishes the framework within which agencies operate, guiding their spending decisions and ensuring accountability. As such, a thorough understanding of TOA is indispensable for anyone engaged in federal budgeting, program management, or related fields. By grasping the significance of total obligational authority (TOA), individuals and organizations can better navigate the complexities of federal funding and contribute to effective governance and economic growth.
理解总义务授权(TOA)的概念对于任何参与联邦预算和财务管理的人来说都是至关重要的。这个术语指的是一个机构在特定时期(通常是一个财政年度)被授权承担的资金总额。这个授权在确保政府机构能够有效规划和执行其项目,同时遵循法律和预算限制方面起着重要作用。总义务授权(TOA)是通过拨款过程建立的,在此过程中,国会将资金分配给各种联邦机构。每个机构都会获得一定的TOA,这决定了它们可以承诺在合同、赠款和其他财务义务上的支出。这一制度确保机构不会超出其财务限制,促进了问责制和负责任的财政管理。拥有明确的总义务授权(TOA)的主要好处之一是,它允许机构根据可用资源优先考虑支出。例如,如果一个机构的TOA有限,它必须仔细考虑哪些项目或计划是必要的,并相应地分配资金。这种优先排序帮助机构专注于其核心任务,更高效地提供服务。此外,总义务授权(TOA)还作为监督和控制的重要工具。通过监控对TOA的义务,机构领导和国会都可以评估一个机构是否在其能力范围内运作。这种监督对于防止浪费性支出和确保纳税人的资金得到有效使用至关重要。除了在预算和监督中的作用外,总义务授权(TOA)还影响整体经济。当联邦机构拥有足够的TOA时,它们可以进行合同和采购,从而刺激经济活动。例如,当一个机构有权承担基础设施项目的资金时,它可以创造就业机会并推动地方经济。相反,如果一个机构的TOA受到限制,它可能不得不推迟或缩减重要项目,这可能对经济产生负面影响。此外,理解总义务授权(TOA)对于政府外部的利益相关者(如承包商和非营利组织)也至关重要。这些实体通常依赖联邦资金来运营,了解TOA可以帮助他们驾驭联邦资金机会的复杂性。通过了解TOA,这些利益相关者可以更好地定位自己以申请赠款和合同,确保他们的提案与可用资金对齐。总之,总义务授权(TOA)的概念是联邦机构和更广泛经济格局运作的基础。它建立了机构运作的框架,引导其支出决策并确保问责。因此,全面理解TOA对于任何从事联邦预算、项目管理或相关领域的人来说都是不可或缺的。通过掌握总义务授权(TOA)的重要性,个人和组织可以更好地驾驭联邦资金的复杂性,为有效治理和经济增长做出贡献。
相关单词