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Budget Report
(redirected from Budget Reports)

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Budget Report
A report detailing a company's planned expenditures and allowing comparison to what they actually were. The budget report contains two columns, one for budgeted outlays and one for actual. The budget report helps a company determine how closely its budgets mirror reality and how well it manages its costs. The difference between the budgeted and actual amount is called the budget variance.


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At this juncture, nearly every residential property management firm in the city has turned in annual budget reports to boards of directors, shareholders, unit owners and investors of client cooperatives and condominiums.
1 4 5 Notes: MAE is the mean absolute error of the forecast; RMSE is the root mean square error of the forecast; sample includes Pre-Budget Reports 1998-2004 and Budget Reports 1999-2004.
After sending in a series of ``qualified'' budget reports since December 2003, Westside was able to submit its first ``positive'' certification of its budget report in March.
 
 
 
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