Budget balance definition

Budget balance means the difference between the revenues, aids and donations, expenditure and fiscal relations. A positive budget balance constitutes a surplus, while a negative budget balance constitutes a deficit.
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Budget balance means the difference between total revenues and total expenditures in a fiscal year by fund and in total.
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Budget balance means the difference between actual career ladder
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Examples of Budget balance in a sentence

  • The following table reconciles the difference between the Statement of Operations Surplus/Deficit and the Financial Plan (Budget) balance, where sources of funds equal use of funds, demonstrating how the City has complied with the legislative requirement for a balanced budget.

  • Budget balance then implies that whenever this is the case, the individuals share the cost equally.

  • Budget balance The difference between budgeted expenditure and budgeted revenue.

  • By contrast, QVB is moderately robust against collusion and de-mergers as discussed above.• Budget balance: QVB has a balanced budget while VCG, if it is self-financing, runs a surplus in many cases.

  • Budget balance implies that payoffs cannot be increased with outside funds.

  • The large population limit of EE outside the µ = 0 behaves very differently to QVB both qualitatively and quantitively.• Budget balance: When they are well-defined, EE and GZ are budget-balanced, as is QVB.

  • Budget balance should be displayed to allow requestor and approver to be able to know the latest budget balance.

  • Budget balance remaining at June 30 for personnel and fringe benefits will be used to pay such expenses in the following fiscal year until drawdown of subsequent federal funds are available.

  • Budget balance, 2005-2010(Percentage of GDP) 2005200620072008Source: EIU.

  • In the event there is a residual Budget balance that remains unspent by Provider upon completion of the wiring additions or replacements necessary to support the transformed Network, 50% of the residual Budget balance shall be returned to Provider as an incentive.


More Definitions of Budget balance

Budget balance means the difference between government receipts and government disbursements in the Consolidated Fund, Contingency Fund and Public Account during a financial year, including extra- budgetary financing of any government scheme, program by any Public Entity, Government Agency or Public Sector Undertaking;
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Budget balance means the difference between total budget expenditure and total budget revenue of a particular fiscal year;
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Related to Budget balance

  • Target Balance has the meaning set forth in Section 6.1I(1) hereof.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

  • Debit Balance means, as of any date, the dollar amount, if any, representing each of: (1) the aggregate Annual Charge, accrued in accordance with Section 3.4(g)(i); and (2) any Leveraged Principal Amount (together with any pro rata Interest Amounts determined in accordance with Section 3.4(g)(ii), if applicable), as reduced by any distributions recorded from ML Ventures Units recorded in a Participant’s Account in accordance with Section 3.4(e).

  • Component Balance With respect to any Component and any Distribution Date, the Initial Component Balance thereof on the Closing Date, (A) plus any increase in the Component Balance of such Component pursuant to Section 4.02 due to the receipt of Subsequent Recoveries, (B) minus the sum of all amounts applied in reduction of the principal balance of such Component and Realized Losses allocated thereto on previous Distribution Dates.

  • Credit Balance means the funds remaining and due to a Student after such Student’s loans and other financial aid remittances, including but not limited to Title IV Higher Education Act program funds, have been credited to the Student’s account at School.

  • Current Balance Sheet shall have the meaning set forth in Section 2.7.

  • Parent Balance Sheet means the consolidated balance sheet of Parent as of March 31, 2016 and the footnotes thereto set forth in Parent’s quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2016.

  • Initial Component Balance As specified in the Preliminary Statement.

  • relevant balance sheet means the latest published audited consolidated balance sheet of the Group, but where the Company has no subsidiaries it means the balance sheet and profit and loss account of the Company and, where the Company has subsidiaries but there are no consolidated accounts of the Group, it means the respective balance sheets and profit and loss accounts of the companies comprising the Group;

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.

  • Adjusted Covered Debt Balance means, on any date, the aggregate Covered Debt Amount on such date minus the aggregate amount of Cash and Cash Equivalents included in the Portfolio Investments held by the Obligors (provided that Cash Collateral for outstanding Letters of Credit shall not be treated as a portion of the Portfolio Investments).

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Recent Balance Sheet has the meaning set forth in Section 3.5(a).

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Cash Balances means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash;

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case, held or owned by, or credited to, the account of the Borrower and its Subsidiaries (including non-wholly owned Subsidiaries and Permitted J/Vs).

  • Economic Capital Account Balances has the meaning set forth in Section 6.1.E.

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.