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Balanced Budget

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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.

balanced budget
A budget in which the expenditures incurred during a given period are matched by revenues.


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SARGODHA, June 18, 2009 (Balochistan Times) --Federal government presented a balanced budget in difficult times and it would usher real growth during the next year 2009-2010.
David Agazzi, vice president of administrative services, and Jeffrey Heap, controller, worked on the $61 million operating budget, which is the 34th balanced budget for the college.
He's particularly proud to have helped steer the trust to a balanced budget this year despite huge pressures.
 
 
 
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