outyear


Also found in: Acronyms.

out·year

 (out′yîr′)
n.
A fiscal year after the year covered in a budget: The state budget assumes reduced expenditures on welfare in outyears.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in periodicals archive ?
The FM/ILS/Acquisition/IT Team efforts to create a draft change to the DoD 5000 that would indicate the requirement that outyear budget changes affecting the downstream logistics support be communicated with NAVSUP, DLA and other key stakeholders based on the systems place in the acquisition life cycle.
Minor changes in the economic or technical assumptions that are used to project the baseline also could result in significant changes in the outyear deficit levels.
Likewise, while the Bush and early Clinton administration level funded community and regional development in outyear planning processes, while allowing the actual funding to rise each year, no such pretense is made in the 1995 planning process, which shows increased outlay projections for each of the next five fiscal years.
"Both SF and NIH have responded to those requests, and in the process they built substantial 'outyear mortgages' for themselves."
FAVORABLE DEBT PROFILE BUT OUTYEAR PRESSURE: Debt levels are low and expected to decline slowly as outstanding bonds amortize.
Even so, caution should be exercised when trying to account for additional efficiency improvements because, in many cases, these savings already may have been anticipated, expected, and captured in outyear funding levels.
Perhaps this is a logical outgrowth of drastically shrinking personnel numbers in outyear Air Force budgets for Mx communities.
Outyear projections for federal support of R&D suggest reductions in constant-dollar support for a number of agencies, including NIH, NASA, NSF, DOE, and others.
(Congress earlier this year reduced the outyear authorization level of the block grant by $2.4 billion, beginning in FY 2001, in order to accommodate more transportation spending.)
At one point this was a not a problem, since outyear figures for bureau spending were not taken seriously.
In 1997, coverage of the PAYGO requirement was extended to legislation enacted through FY2002; however, the PAYGO process was slated to remain in effect through FY2006 to deal with the outyear effects of such measures.