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balanced budget |
Also found in: Wikipedia | 0.07 sec. |
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Balanced budget A budget in which the income equals expenditure. See: budget.
balanced budget A budget in which revenues equal or exceed expenditures. A balanced budget is thought to be positive for a company, as it means that the company is not taking on any (additional) debt in order to conduct its operations; if revenues exceed expenditures, it results in a profit. Balanced budgets may be recognized after a fiscal year is complete, or they may be projected for an upcoming year. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Putting forth the commitment that politics is a just environment in which to apply Christian faith and service, Politics Under God proposes that governments should be held accountable to God as well as to secular principles such as justice and fiscal responsibility. An articulate, superbly organized and deftly written 216-page compendium of very practical information focused on fiscal responsibility and what is required to achieve financial success. I think I could have won a third term on council, but the opportunity to be controller is something that will allow me to concentrate on fiscal responsibility and bring the same attention to city services as Laura Chick does. |
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