What is discretionary funding?

an amount of money that is available to spend on things that are not considered necessary but that may be useful: Governors of some states are given discretionary funds to spend on small-scale projects.

What are 2 examples of discretionary spending?

Discretionary spending is what the President and Congress must decide to spend for the next fiscal year through annual appropriations bills. Examples include money for such programs as the FBI, the Coast Guard, housing, education, space exploration, highway construction, defense, and foreign aid.

How does discretionary funding work?

In American public finance, discretionary spending is government spending implemented through an appropriations bill. This spending is an optional part of fiscal policy, in contrast to social programs for which funding is mandatory and determined by the number of eligible recipients.

What can discretionary funds be used to pay for?

Discretionary income is the amount of an individual’s income that is left for spending, investing, or saving after paying taxes and paying for personal necessities, such as food, shelter, and clothing. Discretionary income includes money spent on luxury items, vacations, and nonessential goods and services.

What is an example of discretionary?

The definition of discretionary is something that you use as desired or needed. When you have petty cash available to you to use, the money you spend is an example of discretionary spending. Available at one’s discretion; able to be used as one chooses; left to or regulated by one’s own discretion or judgment.

What is the difference between discretionary and non discretionary?

Simply put, a discretionary account is one in which a broker makes trades, buying or selling securities, in an investor’s account without the investor’s approval. A non-discretionary account is one in which the investor decides on what trades to make.

How are mandatory funding and discretionary funding different?

In conclusion, mandatory spending is spending that has been predetermined by existing laws and must be done each year, while discretionary spending is what Congress decides each year how much to spend on different programs.

What is discretionary government spending?

Discretionary spending is money formally approved by the President and voted on by Congress during the appropriations process each year. Generally, a majority of the discretionary spending is budgeted towards national defense.

How do you use discretionary hours?

A discretionary hour is an hour that a service can claim the Other Teacher as a Certificated Teacher for the purposes of the Staff Hour Count.