estimates revenue and expenses for the enterprise for some period of time. Page 324
Management's operating plans as reflected by detailed listings of projected selling expenses and general and administrative expenses.
Financial plans for the expenditure of funds for anticipated needs during a fiscal year, such as for personnel, parts and materials, and most contracted services. Operating funds are supported by corporate income. Operating budgets are usually prepared for a period of one year or less. See also Capital Budget.
The recharge center or cost center's main budget used to record the revenue and expenditures associated with providing the center's goods or services.
School system's budget for annual expenses
The Commonwealth has two types of budgets, an operating budget and a capital budget. The annual operating budget guides the University's everyday activities. This document shows spending related to ongoing operations of the programs, services, and activities of state agencies.
Federal government grants plus other income to pay for basic operating costs of the university. Previously called Recurrent Budget.
As opposed to a capital budget, operating budgets represent the cost of an agency's ongoing operation including personal services (salaries and benefits for classified employees and hourly workers), contractual services, and supplies. These expenses are, for the most part, recurring costs of providing services.
The "final budget" becomes the initial operating budget. The "final budget" is supplemented by schedules for appropriated items, including special legislation. Revision documents reflect any changes throughout the year.
The Town's financial plan which outlines proposed expenditures for the coming fiscal year and estimates the revenues which will be used to finance them.
Tactical resource requirements, plus tactical priorities, equal operating budget.
Budget for current and on-going operations, as well as one-time costs that result in the day-to-day business of a University department.
The plan for expenditure of money for all costs associated with actually running a R & D programme.
A plan of current expenditures and the proposed means of financing them. The operating budget is the primary means to ensuring that the financing, acquisition, spending, and service delivery activities of the state are controlled.
Plans of current expenditures and the proposed means of financing them. The annual operating budget (or, in the case of some state governments, the biennial operating budget), is the primary means by which most of the financing, acquisition, spending and service delivery activities of a government are controlled. The use of annual operating budgets is usually required by law. Even when not required by law, however, annual operating budgets are essential to sound financial management and should be adopted by every government.
The operating budget is that portion of the State Budget which deals with the general day to day activities and expenses of State Government, paid for out of revenues from taxes, fees for licenses and permits, etc.
a budget for current expenses as distinct from financial transactions or permanent improvements
a plan for current costs and the future means of financing them
a projected and, it is hoped, realistic number picture of income and cost objectives for a period, write Steven Bragg and E
An expenditure plan developed by a university for each fiscal year. With regards to Auxiliaries, the plan encompasses estimated budget authority requirements for the year based on projected cash revenues as well as estimated expenditures for the year by expenditure category.
The current-year spending plan for current expenses as distinct from financial transactions for permanent capital improvements.
financial plan that presents proposed expenditures for the fiscal year and estimates of revenue to support them.
Annual appropriation of funds for ongoing program costs, including salaries and benefits, materials and services, equipment outlay and debt service.
The operating budget contains the annual operating costs of an Activity or Component, including depreciation or amortization expenses, and major maintenance and repair.
A plan for the yearly distribution of state resources for the ongoing operations of state programs. Operating budget appropriations are made for one fiscal year and any unexpended or unobligated funds lapse, i.e., revert to the fund from which they were appropriated, at the end of the fiscal year.
A budget for general expenditures such as salaries, utilities and supplies.
An expenditure plan developed for each fiscal year. The plan must conform to the annual allocation/appropriation and list estimated expenditures by budget category for the year.
A detailed projection of all estimated income and expenses during a given future period.... read full article
A plan or projection of a project's operating income and expenses.
A budget that applies to all outlays other than capital outlays.
A projection of income and expenses for the operation of a property over a one year period.
See short-term budget.
A financial plan that projects an agencyâ€(tm)s overall revenue and expenses for a specified period.
A programmatic, financial, and organizational plan for furthering the goals of the City Council through departments of the City, which does not include capital improvement projects.
A budget that lists the amount of goods and services the firm is authorized by management to expend during the operating period.
An operating budget is the annual budget of an activity stated in terms of Budget Classification Code, functional/subfunctional categories and cost accounts. It contains estimates of the total value of resources required for the performance of the operation including reimbursable work or services for others. It also includes estimates of workload in terms of total work units identified by cost accounts.