operating budget


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operating budget

n
(Accounting & Book-keeping) accounting a forecast of the sales revenue, production costs, overheads, cash flow, etc, of an organization, used to monitor its trading activities, usually for one year
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.operating budget - a budget for current expenses as distinct from financial transactions or permanent improvements
budget items, operating cost, operating expense, overhead - the expense of maintaining property (e.g., paying property taxes and utilities and insurance); it does not include depreciation or the cost of financing or income taxes
budget - a sum of money allocated for a particular purpose; "the laboratory runs on a budget of a million a year"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Adopting a new operating budget typically is the most important responsibility we have because it funds most of state government's core services, including K-12 education, higher education, public safety and corrections, health and human services, and other operations of state government.
The organizing committee, announcing its third version of the operating budget, said Friday "as with the previous version, the OCOG budget remains balanced and fully privately financed by the International Olympic Committee (IOC), sponsors, licensing and ticket revenues" and includes the cost of the Paralympic Games.
The district will remain debt free through a strategy of achieving a yearly surplus in our operating budget and carefully planning the use of this surplus to pay for future instructional initiatives and facility improvements in the overall budget.
The operating budget is an increase of $94 million over fiscal year 2018.
Gruenberg said, "This is the eighth consecutive reduction in the FDIC's annual operating budget and staffing.
The operating budget includes funds for ministries and other state agencies.
Caption: Rawn will oversee a $3.5 million annual operating budget and more than a dozen staff members.
The second (March 15th) meeting involves a review of draft figures for the preliminary FY2017 operating budget and provides time for questions and clarification of any items presented thus far.
He was responsible for performing administrative and analytical analyses in the formulation and execution of the District's operating budget.
The 2016 FDIC operating budget included $1.81 billion for ongoing operations and $400 million for receivership funding.
The town administrator explained that funding for these projects is not from the operating budget but from "free cash'' and other sources.
While de Jong's focus on the state of the operating budget is politically understandable, the province bases its financial reporting on a capital budgeting approach.

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