Annual Budget

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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 ?
The City of Richmond, Virginia (the City ) seeks proposals through the process of competitive negotiation to establish a contract (the Contract ) with a successful offeror (the Contractor ) for consulting services in relation to the Citys annual budget and the Citys process for developing annual budgets.
The Duterte administration will be able to pass the annual budgets on time or ahead of the implementation year, Diokno said, citing that the incoming President will control a "super-majority" in both houses of Congress.
12,000 announced by the Federal and Punjab governments in the annual budgets.
Courts of Kyrgyzstan will calculate their annual budgets themselves now after President Bakiev signed the Law on Major Principles of the Budget Law, Chair of the Judicial Council Larisa Gutnichenko told news conference today.
prepares complete key business ratios, pro forma balance sheet, annual budgets, job-costing multipliers and Z-score analyses;
According to the current literature on MYB, governments with multi-year budgets have found that their budgets have several advantages over annual budgets.
In the course of the four-week debate, Republicans summarily rejected several Democratic attempts to alter the amendment by excluding Social Security from annual budgets, and making it easier to run deficits in national emergencies and economic downturns.
101), many of which operate on annual budgets of $15,000 to $100,000.
In some counties in the Pacific Northwest, revenue sharing from federal forest timber receipts comprises nearly two-thirds of the counties' annual budgets.
FAISALABAD -- Annual budgets of Water and Sanitation Agency (WASA), Parks and Horticulture Agency (PHA) and urban wing of Faisalabad Development Authority (FDA) for the years 2012-13 along with the reviewed budgets of 2011-12 have been approved.
The county consistently maintains total combined fund balances including the general, special revenue and debt services funds and the general purpose school fund, in the 17%-19% of expenditures range from fiscal years 1996-2003 on annual budgets approximating $470 million.
Zelm served as Financial Planning Manager for American Critical Care, a division of American Hospital Supply Corporation and Baxter, where he was responsible for the annual budgets and monthly forecasts of the Critical Care Division, a $65 million pharmaceutical business with over 400 employees.

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