Definitions for "Base budget"
This is the cost of continuing existing levels of service in the current budget year.
A base budget (permanent budget) is established for those functions that require a long-term financial commitment or have a long-term impact on the fiscal operations of the university (e.g., general funds, student fees, self-supporting funds). Funds in the base budget are automatically reallocated at the start of each fiscal year. The base budget is modified by using the Base Budget Adjustment document in DaFIS. The base budget rolls forward every year and is the starting point for that year's current operating budget.
In an incremental budget environment, there is usually a consistent funding level from year to year for various programs. The base budget is the portion of the budget that is identified to fund ongoing operating costs, rather than short-term projects. While base budgets are dependent on resource availability, as are all budgets, the intent of the base budget is an ongoing allocation.
On-going expense for personnel, contractual services, materials and supplies, and the replacement of supplies and equipment required to maintain service levels previously authorized by the City Council.
The establishment of a baseline for funding necessary to continue an agency's on-going activities, with no significant changes in the way the agency provides services.
Those resources necessary to meet an established and existing service level.