budget surplus definition

budget surplus means the amount by which the financial resources of an applicant exceed the total cost of the income assistance benefits;
budget surplus means the amount by which sums appropriated exceed actual expenditures and obligations for a fiscal year; obligations and expenditures are held below the level of actual receipts creating savings within the authorized budget.
budget surplus means the positive difference between the total budget revenue and total budget expenditure at the end of the budget year.

More Definitions of budget surplus

budget surplus means a situation where the operating revenue of the budget exceeds the operating expenses and the aggregate result is positive.
budget surplus means the amount by which the financial resources of an applicant and his dependents exceeds the total cost of assistance necessary to an applicant and his dependents;
budget surplus. The amount by which the budgeted sum for any Work Action Item exceeds the actual Project Costs incurred for such Work Action Item.
budget surplus means the amount by which the financial resources of an applicant exceeds the total cost of the items of basic maintenance?
budget surplus shall have the meaning set forth in Section 8.8.
budget surplus means the positive difference between the projected,i.e. collected revenues and the appropriations, i.e. expenditures. The budget surplus will be used to finance the negative difference between the projected, expanded other inflows and appropriations.
budget surplus means revenues that exceed expenditures;