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WAAM

Non-fiscal agreements - WAAM -

Agreements that do not include a monetary component or contemplate exchange of money or payment.

Nonbudgeted funds - WAAM -

Funds that are not subject to either the appropriation or the allotment process.

Nonappropriated funds - WAAM -

Moneys that can be expended without legislative appropriation. Only funds in accounts specifically established in state law as being exempt from appropriation fall into this category. Nonappropriated accounts can be either budgeted (and subject to OFM allotment approval) or nonbudgeted.

Near general fund-state - WAAM -

Accounts related to the state General Fund as defined in RCW 43.88.055; includes the Washington Opportunity Pathways Account and Education Legacy Trust Account.

Multi-tenant - WAAM -

Multi-tenancy is an architecture in which a single instance of a software application serves multiple customers. Each customer is called a tenant.

Modified accrual basis - WAAM -

The basis of accounting under which expenditures, whether paid or unpaid, are formally recognized when the liability is incurred against the account, but revenues are recognized only when they become both measurable and available to finance expenditures of the current accounting period. All governmental funds use the modified accrual basis of accounting.

Mini business - WAAM -

Mini business" means any business entity

Maximum allowable construction cost - WAAM -

A cost that the owner stipulates to the design consultant before design begins. The cost is the owner's budget for the construction cost of the project and serves as the parameter in which the design consultant agrees that the construction cost of the design will not exceed.

Major lease project - WAAM -

A lease project for any facility over 20,000 square feet.

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