Federal Position
A position specifically approved and funded by Federal Funds in a salary object account

Federal Emergency Management Agency

Federal Highway Administration

Fiscal Year
A twelve-month period of time to which the annual budget applies and at the end of which the State determines its financial position and the results of its operations.  New Jersey State government has a July 1 to June 30 fiscal year

Fringe Benefits
Payments made by the State for retirement, social security, health and dental insurance contributions, workers' compensation, unemployment, survivors' and disability insurance

A fiscal and accounting entity established for the purpose of achieving specified objectives or carrying on certain activities

Fund Balance Designated
Unexpended and unencumbered appropriations that are authorized to continue into the subsequent fiscal year.  (See also Reappropriation)

Fund Balance Undesignated
Fund equity unrestricted and available for appropriation