( JFMIP Standardization Project ) Unobligated balances expire ( cease to be available for obligation ) -- 1-year accounts at the end of the fiscal year ; -- multiple-year accounts at the end of the period specified ; -- no-year accounts only when they are 1 ) rescinded by law , 2 ) purpose is accomplished , or 3 ) when disbursements against the appropriation have not been made for 2 full consecutive years .
Unobligated balances expire to make room for obligated balances .