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Pages 66-67

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From page 66...
... 66 Glossary Allocation: An administrative distribution of funds for programs that do not have statutory distribution formulas. Apportionment: The distribution of funds as prescribed by a statutory formula.
From page 67...
... Glossary 67   Obligational authority: The total funds that may be obligated in a year. For the Federal-Aid Highway Program, this consists of the obligation limitation amount plus amounts for programs exempt from the limitation.

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