SECTION 34.83. Time of Expenditure

For reporting purposes, an expenditure is not made until the amount of the expenditure is readily determinable by the person making the expenditure. If the normal business practice of a vendor or service provider is to make the amount charged known by sending a bill after expenses are incurred, the date of the expenditure, for reporting purposes, is the date the person billed receives the bill.

Source Note: The provisions of this §34.83 adopted to be effective December 18, 1996, 21 TexReg 11821.