Key Budget Terms
Glossary of budget terms | Office of Financial Management - WA.gov
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z · Account · Account code or number · Accrual basis · Accrued expenditures · Accrued liabilities · Accrued revenues.
The County Executive's recommended appropriation (expenditure), revenue and Net County Cost level for each budget unit.
Budget and Accounting Glossary
Budget and Accounting Glossary · ACCD - Agency of Commerce and Community Development · Accountability · Accounts Payable · Accounting Period · Accounts Receivable ...
U.S. Budget and Government Spending: Budget Terms to Know
Key Budget Terms ... The below terms come up the most in government budgeting. Knowing these terms will help you understand the federal budget.
Key Terms and Definitions - Finance and Treasury
An approved plan to spend a certain amount of money in a given fiscal year or project period. The budget sets the spendable balance on centrally managed and ...
There are six main account groupings for expenditure accounts, which are designated in MMARS by the indicated codes: direct appropriation (1CN, 1CS), retained ...
Glossary of Budget Terms - Boston.gov
Glossary of Budget Terms ; A - D · Account: A classification of appropriation by type of expenditure. ; E - M · Encumbrance: Funds set aside from an ...
Terms Related to Budgeting | UTC
DEBT SERVICE – a fund used to finance money (principal and interest) owed ... OTHER FINANCIAL MANAGEMENT TERMS.
Common Budgetary Terms Explained | Congressional Budget Office
Budget authority, obligations, and outlays are related terms that describe the funds provided, committed, and used for a program or activity.
Key Terms and Definitions - Georgia Municipal Association
Budget – a plan of financial operation embodying an estimate of proposed expenditures for a given period and the proposed means (revenue sources) of financing ...
The base budget is the portion of the budget that is identified to fund ongoing operating costs, rather than short-term projects. While base budgets are ...
Glossary of Budget Terms - OpenGov
The amount of appropriation subject to the limit is the budgeted proceeds of taxes. Some exampes of proceeds of taxes are sales and property tax. The total of ...
Basic Federal Budgeting Terminology
The key terms of federal spending are budget authority, obligations, outlays, and spendout rate. Congress and the President enact budget authority in law.
GLOSSARY OF GOVERNMENTAL BUDGETING AND ...
Budgetary Accounts: Those accounts necessary to reflect budget operations and condition, such as estimated revenues, appropriations, and encumbrances, as ...
GLOSSARY OF TERMS IN BUDGET DOCUMENT
DEBT SERVICE FUND - Established to finance and account for the payment of interest and principal on bonds or other long-term borrowing. DEFICIT - (1) The excess ...
Financial Terminology | Citizen's Guide - Division of the Budget
Impoundment is the term used to describe the setting aside, in a separate account, of income necessary to pay principal and interest on obligations. The ...
Glossary of Budget Terms - at: www.DBM.maryland.gov
Actual Budget: The budgeted expenses and revenues of the base year as adjusted to reflect those experienced. ... Appropriation: The amount of spending for a ...
public funds, including state law, city ordinance and administrative policy. ... interest paid at a specified percentage of the principal (“interest rate”). Bonds ...
Allocations are expenditure guidelines for a stated purpose or program. Appropriation Statutory authorization to spend a specific amount of money for a stated ...
Glossary of Budget Terms - NYC.gov
DEBT LIMIT FUNDS: Dollars budgeted in the capital budget that are subject to debt limit. DEBT SERVICE: Expenditure providing for the repayment of principal and ...