Budget Account

(redirected from budget accounts)
Also found in: Dictionary.

Budget Account

An individual bank account into which one deposits funds sufficient only to cover one's recurring expenses. For example, at the beginning of the year, one may deposit funds to cover annual rent, health insurance, cell phone bills and so forth. These expenses are automatically debited each month as they come due.
References in periodicals archive ?
Ninety-seven percent of the FTEs transferred were associated with seven program functions whose budget accounts were transferred to DHS in their entirety, including the functions of a former standalone agency, the Federal Emergency Management Agency.
At present, the European budget accounts for less than 2 percent of EU gross domestic product.
In total, this NRE budget accounts for the Interior Department and the Environmental Protection Agency, along with huge chunks of the Departmentof Agriculture and portions of the Departments of Commerce and Defense.
In 2017 local budget revenues increased to UAH 192 billion, meanwhile, the balances on local budget accounts remained at the level of last year, and according to the updated data provided by the State Treasury Service of Ukraine totaled UAH 54.4 billion.
He noted that the link between the approval of the Budget and the auditing of budget accounts will take the greatest margin of discussions of the Parliament's General Assembly.
The main opposition Democratic Party of Japan on Thursday presented to the Diet a counterproposal against the government's administrative reform bill, featuring stricter rules on bid-rigging involving public projects and abolishing most of the government's special budget accounts.
He pointed out that "the salary scale page has been folded in conjunction with reaching a temporary solution to the auditing of budget accounts so as to approve the budget soon," stressing that "it is in no one's interest to tamper with the Lebanese economy." In response to a question, Nicolas pointed out that "the Free Patriotic Movement" has not received any invitation to visit Saudi Arabia or any Gulf country, "pointing out that several invitations have been addressed to a number of Lebanese leaders," hoping "those invitations serve Lebanon, not vice versa." D.K.
Download Bassil: We respect Constitutional Council's decision NNA - Commenting on the Constitutional Council's recent decision on the annulment of the tax hike law, Foreign and Expatriates Minister, Free Patriotic Movement head, Gebran Bassil, said on Friday via Twitter: "We respect the Council's decision especially regarding the need to approve the national budget, first, with the inclusion of the salary scale resources." Bassil reiterated the FPM's constant position regarding the need to endorse auditing budget accounts in accordance with norms.
Minister Hassan Khalil said that he briefed the President on the already accomplished stages by the Finance Ministry in relation to state budget and auditing of budget accounts project.
In every state except Vermont, the general fund and many other budget accounts are required to be balanced, either within each fiscal year or over a two-year period.
NNA - 9/3/2012 - Information Minister Walid Daouk told reporters that the Cabinet has designated Prime Minister Najib Mikati to prepare a draft proposal to end the logjam over the controversial budget accounts.
[1.] The federal government budget accounts treat Federal Reserve earnings paid to the Treasury as a miscellaneous receipt.