Meaning of advance funding
Budget Authority provided in an Appropriation act that allows funds to be committed to a specific purpose (obligated) and spent during this fiscal year even though the appropriation actually is for the next fiscal year. Advance funding generally is used to avoid requests for supplemental appropriations for entitlement programs late in a fiscal year when the appropriations for the Current Fiscal Year are too low.
Source: http://www.sceaonline.org/prof_dev/CEBoK-Glossary.xls
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