Unbalanced budget definition
Unbalanced budget means a budget in which the direct revenues of the operating funds are less than the direct expenditures from those funds by an amount that is greater than one-third of the funds' ending fund balances.
Examples of Unbalanced budget in a sentence
Local Revenue 20-2900 23 4090 40-2900 $ 40,000 Special Ed. Transportation 30 4998 $ 27,407 REAP and ▇▇▇▇▇ III 50-2490 Direct Revenues 1,855,829 174,401 189,250 30,008 2,249,488 Direct Expenditures 1,866,600 229,116 235,748 2,331,464 Difference (10,772) (54,715) (46,498) 30,008 (81,976) Estimated Fund Balance ‐ June 30, 2025 629,903 265,417 103,576 99,231 1,098,128 Unbalanced budget; however, a Deficit Reduction Plan is not required at this time.