Budget balance definition

Budget balance means the difference between the revenues, aids and donations, expenditure and fiscal relations. A positive budget balance constitutes a surplus, while a negative budget balance constitutes a deficit.

Budget balance means the difference between total revenues and total expenditures in a fiscal year by fund and in total.

Budget balance means the difference between actual career ladder

Examples of Budget balance in a sentence

• Upon termination, any Budget balance shall be applied to the customer's subsequent bill.

• Budget balance The difference between budgeted expenditure and budgeted revenue.

• Budget balance implies that payoffs cannot be increased with outside funds.

• Mr. Speaker, for the first three quarters of the 2007 fiscal year, (January to September 2007), the overall Budget balance showed a deficit of GH¢767.2 million equivalent to 5.5 per cent of GDP, compared with a deficit of GH¢522.7 million equivalent to4.5 per cent of GDP recorded in the corresponding period of 2006.

• The following table reconciles the difference between the Statement of Operations Surplus/Deficit and the Financial Plan (Budget) balance, where sources of funds equal use of funds, demonstrating how the City has complied with the legislative requirement for a balanced budget.

• Chart 2.5 illustrates that Government breaches the overall Budget balance in the short term due to large scale infrastructure projects, which are financed by concessional lending.

• Budget balance and primary budget balance consistent with the debt reduction benchmark (% of GDP) Note: the chart on the left shows the budget balance consistent with the debt reduction benchmark for two illustrative values of nominal growth.

• Budget balance then implies that whenever this is the case, the individuals share the cost equally.

• Furthermore, added to the above risks are fiscal challenges related to the susceptibility of our public finances to under-performance, often against the background of unplanned but unavoidable expenditure exigencies, with implications on the Budget balance and its financing.

• The 2015/16 Budget Book 1 p.22 noted that “the Government breaches the overall Budget balance in the short term due to large scale infrastructure projects which are financed by a combination of concessional lending and using cash reserves.

More Definitions of Budget balance

Budget balance means the difference between government receipts and government disbursements in the Consolidated Fund, Contingency Fund and Public Account during a financial year, including extra- budgetary financing of any government scheme, program by any Public Entity, Government Agency or Public Sector Undertaking;

Budget balance means the difference between total budget expenditure and total budget revenue of a particular fiscal year;