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Encyclopedia > Operating budget

An operating budget is the annual budget of an activity stated in terms of Budget Classification Code, functional/subfunctional categories and cost accounts. It contains estimates of the total value of resources required for the performance of the operation including reimbursable work or services for others. It also includes estimates of workload in terms of total work units identified by cost accounts.


  Results from FactBites:
 
City of Toronto: Budget 2006 - home page (282 words)
Toronto City Council approved a $7.6 billion 2006 operating budget, at it's meeting of March 29 - 30, 2006.
Toronto’s Budget Advisory Committee worked for months to review this operating budget to find savings and reduce what was a $532 million shortfall.
The Budget 2004 Community Workbook is an interactive opportunity for you to start a dialogue in your community or with your City Councillor.
Operating Budget - UMass Amherst Provost's Office (1989 words)
The General Operating Budget is the annual allocation that pays for the core campus mission and activities; money from several different FUND types are grouped together to comprise the Operating Budget.
This BASE budget amount is the net sum of all the past accumulations of permanent allocation decisions, cost of living and merit additions, programmatic budget moves, or budget reductions.
The entire annual Operating Budget comes to each unit as an allocation intended to be spent over a full fiscal year, with the full amount usually known in advance of the start of the fiscal year.
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