Annual Budget


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.

Annual Budget

A plan for an organization or company's expenditures for a fiscal year. Making an annual budget involves balancing an organization's revenue or income with its expenses. A budget is in balance if revenues equal expenditures, it is in deficit if the person or company must resort to borrowing to meet expenses, and it is in surplus if money is left over to be used for savings or expansion.
References in periodicals archive ?
On the occasion the members of the district council delivered speeches on the annual budget and resolved to utilize every penny of the district on the development of the district.
Rutherford's annual budget of $11 million is nearly twice that of the ACLJ.
One administrator in our chain who has successfully used this approach suggests that, for novices, it is best to begin the educational process 11 months prior to the due date for the annual budget plan.
The annual budget for fiscal year 2010-11 is likely to be presented in the National Assembly on June 5, which will later be tabled before the Senate to seek its recommendations for onward incorporation in the Finance Bill.
Speaker Subash Chandra Nemwang declared the annual budget endorsed unanimously as none of the lawmakers expressed notes of dissent on the provisions in the bills.
The proposal comes more than three decades after Public Health - which has an annual budget of $650 million and employs 4,000 people - was merged with the larger health department, which has a $3.
One shining example is Houston Ballet's annual Nutcracker Market, which nearly doubles its Nutcracker ticket take, making up 25 percent of the organization's annual budget.
The Human Rights Campaign's annual budget increased from $13.
The NCCB/USCC's total annual budget was $40 million.
The CES report envisions a long-term congressional commitment to provide the program about $75 million a year, effectively removing Explorer craft from the annual budget battle.
SWABI -- Public sector employees and their leaders demanded that the four ad hoc reliefs which had given to them since 2010 should be merged into their regular salary by the government in the upcoming annual budget 2014-2015.
The board will discuss various issues on the agenda, which includes the Central Bank of Oman's annual budget for 2012, CBO's Pension Fund annual budget for 2012 and Bank Deposits Insurance Scheme (BDIS) annual budget for 2012.

Full browser ?