Balanced Budget definition

Balanced Budget means that, in each fiscal year of the term of this agreement, the Society operates within its Approved Budget Allocation.

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Balanced Budget means that in a given Fiscal Year the total corporate revenues (excluding interdepartmental recoveries and facility-related deferred revenues) of the Hospital are greater than or equal to the total corporate expenses (excluding interdepartmental expenses and facility-related amortization expenses) of the Hospital when using the consolidated corporate income statements (all fund types and sector codes) (see subsection 6.

Balanced Budget means all or part of an annual national budget in which estimated revenues and other available resources equal authorized expenditures for all or the corresponding part of the budget during a fiscal year.

Examples of Balanced Budget in a sentence

• The Balanced Budget Act of 1997 allows physicians to “opt out” of Medicare and enter into private contracts with patients who are Medicare beneficiaries.

• PACE is the Program of All-inclusive Care for the Elderly, a community-based model of care that began as a demonstration waiver in San Francisco, was replicated nationally through federal waivers and was authorized as a Medicare program and Medical Assistance state option in the Balanced Budget Act of 1997.

• The Balanced Budget Act of 1997 allows Providers to “opt out” of Medicare and enter into private contracts with patients who are Medicare beneficiaries.

• All payments will be made in accordance with applicable Federal and State rules and regulations, and especially pursuant to the payment timeliness standards set forth in the Balanced Budget Act of 1997.

• This Agreement is in accordance with the requirements of the Balanced Budget Act of 1997 (BBA), as amended, and BBA final rules, regulations, and standards, and with the requirements of the applicable State and Federal programs.

More Definitions of Balanced Budget

Balanced Budget means that the cost of current expenses and service provisions is equal to the forecasted current revenue sources.

Balanced Budget means a budget in which expenditures are equal to, or less than, revenues.

Balanced Budget means when revenues are at least equal to outlays.

Balanced Budget. The schedule contains two types of balanced budget obligations – one set in respect of the LHINs, the other set in respect of HSPs.

Balanced Budget means a budget in which budgeted anticipated revenues and fund balance equal budgeted appropriations.

Balanced Budget means a budget in which estimated revenues equal total proposed expenditures;

Balanced Budget means the plan of financial operation where total revenues match total expenditures. It is a requirement of the town to approve a balanced budget annually.