Budget Cut


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Budget Cut

A reduction in the amount a department within a company or government may spend over a given period of time. Budget cuts often result from reduced revenue, or sometimes from prioritization of other resources. For example, if the state of Oklahoma receives 10% less tax revenue in a year than it received the previous year, it may institute 10% budget cuts on all state agencies so the state remains in balance.
References in periodicals archive ?
Whether we like it or not, we must continue to protect the established plantations, that's why the budget cut only affects our new plantation targets,' he said.
Finance ministry has exempted these three hospitals from budget cut.
Past budget cuts had affected the Commonwealth Scientific and Industrial Research Organisation (CSIRO), the Australian Research Council and university funding.
The Texas American Federation of Teachers, the state branch of the national teachers association, recently released a survey that showed that budget cuts had resulted in widespread layoffs and low morale among public school employees.
That union, which represents about half of EPA's staff, protested the budget cut in a June 29 letter to Congress.
Wetherell, president of FSU and a former state representative, notes that Florida's public universities have suffered $484 million in budget cuts since 1990 and that spending per student has fallen 16 percent during the past four years.
4 million this year to meet the state's budget cuts.
PLAID Cymru AM Leanne Wood has expressed concern about the impact of budget cuts within the probation service in Wales.
IMMIGRATION measures need to be drastically improved following Budget cuts, it was warned yesterday.
Protection of local Chapter 70 school funding in the new round of budget cuts could shift deeper cuts to other state funding that helps pay for city and town services.
I am appalled that Illinois ranks 51st in the nation for state funding to the developmentally disabledOand now in addition to that, a 50-percent budget cut was proposed as a solution versus looking at other unnecessary expenditures and streams of potential revenue.
As a model for thousands of higher-education programs facing difficult budget challenges, the University of Idaho (UI) used creativity and the WebCT Campus Edition(TM) course management system to offset a painful budget cut while improving education.