After a period of operating budget
surpluses, the BC government turned to operating budget
deficits in 2009.
This has benefited the association by being able to use money from the investments to cover the operating budget
. The board should continue to be careful pulling money out of long-term investments to cover the operating budget
WWU has both an operating budget
--which keeps the university going on a day-to-day basis, paying salaries, utilities, supplies, etc.--and a capital budget, which is used for building projects such as renovation or new construction of campus buildings.
In its annual report on the City of Toronto, Moody's Investors Service says that the city's 1 debt rating reflects its low debt burden, low debt service ratios and strong liquidity, balanced by budgetary challenges that have necessitated the use of non-recurring measures to achieve balanced operating budgets
. The rating is also supported by the city's large and diversified economy, which provides access to a broad tax base.
"We are edging closer and closer to our goals each week and we are confident that we will reach those goals," Erwin said, adding that the target operating budget
is $8 million to $10 million.
"We can cover up to a $200 million operating budget
, and could go higher than that," Bailey said.
"The diocesan executive committee, which is responsible for approving the annual operating budget
, was faced with a significant difference between the amount of income expected and the expenses we anticipate," said Bishop Anderson in the December issue of Caledonia Times, the diocesan newspaper: "Factors included increasing costs for insurance, our obligations to the Residential School Settlement Fund, and increased grant applications from parishes."
Ninety percent of the plant activities at WMU--including coating, papermaking, printing, and recycling--support their operating budget
through contract services with the paper and printing industries.
With an annual operating budget
of $10 million and a campaign goal of $110 million (with $102 million raised so far), the project has already drawn in high-profile "partners" such as Oprah Winfrey, Deloitte & Touche, Boeing, Xerox, Coca-Cola, and Sara Lee.
San Jose's E-rate subsidy is only about 0.01 percent of its annual operating budget
, indeed, the most consistent theme among the libraries saying no may be that they either didn't receive the grant to begin with or could discard what they do get without feeling much pain.
(staff size: 2; annual operating budget
: $141,000), New York Chapter of the American College of Surgeons, Inc.
The Board also approved a $2.3 million operating budget
for fiscal year 2004.