Budget Report

(redirected from Budget Reports)

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.
References in periodicals archive ?
5 years of education to understand Redcar & Cleveland Council's budget reports (Gazette, 23.
The pre-budget report also disclosed that [pounds sterling]4m in savings from children's services planned in previous budget reports would not be taken following a rise in the number of vulnerable children needing council support across the city.
Budget reports and an update on new proposed building to house Library and other community projects.
The draft budget reports that the economy was boosted by 2005's rocketing oil prices, which in turn will increase 2006's production to about 600m barrels.
For California's Orange and Santa Clara Counties, budget reports provide taxpayers with detailed spending analysis packed with charts and complex formatting.
Today's property manager must do more than review monthly budget reports, he or she must devise ways to increase reserve funds, analyze ways to defer costs, and be knowledgeable about financing for individual co-op and condo owners.