Alaska § 37.25.010 - Unexpended balances of one-year appropriations.
Full text of Alaska Alaska Statutes § 37.25.010 — Unexpended balances of one-year appropriations., with citation guidance and answers to common questions.
§ 37.25.010. Unexpended balances of one-year appropriations.
(a) The unexpended balance of a one-year appropriation authorized in an appropriation bill lapses on June 30 of the fiscal year for which appropriated. However, a valid obligation (encumbrance) existing on June 30 is automatically reappropriated for the fiscal year beginning on the succeeding July 1 if it is recorded with the Department of Administration by August 31 of the succeeding fiscal year.
(b) A valid approved claim arising from a prior year for which the appropriation has lapsed shall be paid from the current year's appropriations if this claim does not exceed the balance lapsed.
(c) University receipts received on or before June 30 of a fiscal year in excess of the amount expended for that year may be expended in the succeeding fiscal year if an appropriation of university receipts has been made for the succeeding fiscal year. The amount of university receipts expended in a fiscal year may not exceed the amount of university receipts appropriated for that year.
(d) The University of Alaska shall, in the report required under AS 14.40.190 (a), report the amount of university receipts received in one year and expended in the succeeding fiscal year.
(e) In this section, “university receipts” has the meaning given in AS 14.40.491 .
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 37.25.010
What does Alaska Statutes § 37.25.010 cover?
Section 37.25.010 ("Unexpended balances of one-year appropriations.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 37.25.010?
A common citation format is "Alaska Statutes § 37.25.010" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 37.25.010 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.