LOGCAP III proprietary Cost Report System to report
budget expenditures on a bi-weekly basis.
Key Highlights: • Reported
budget expenditures on bi-weekly basis using KBR Inc..
The proper measure of «caring» ought not be the size of
budget expenditures on poverty programs, if the result is that the recipients remain dependent on those programs.
«The Chief Statistician has concluded that we are unable to publish the «Local Authority
Budgeted Expenditure on Schools 2011 - 12: Wales and England Comparison» bulletin this year due to the current changing education policy landscape in England and the large numbers of schools moving to academy status in - year and therefore out of local government control,» the spokesperson added.
Not exact matches
When developing her annual business plans and
budget, she asks that each department head argue the
expenditures of other departments: Engineering would argue the case for the marketing spend, sales would argue for engineering's spend, and so
on.
A 12 - month
budget can be updated with actual
expenditures and revenues each month so that you know you're
on target.
These concessions are popular with families but Parliamentary
Budget Officer Kevin Page is calling for a review of the government's use of such «tax
expenditures»
on the grounds they don't receive as much review by Parliament as program spending, among other reasons.
Expenditure on public hospitals is the second biggest health
budget item for the Australian government.
The Office of Management and
Budget (OMB) and the Congressional Joint Committee
on Taxation (JCT) each year publish lists of tax
expenditures and estimates of their associated revenue losses.
Capital
expenditures are also included
on a cash basis in the Main Estimates but are accrued in the
Budget.
She sets a
budget and creates cards for each individual event, letting her keep a close eye
on expenditures.
The most recent example is the refusal of the Privy Council Office (PCO) to provide PBO with information
on how government departments and agencies are implementing the
Budget 2012
expenditure cuts.
This would come
on top of the 19,200 positions eliminated as part of the
Budget 2012
expenditure restraint program.
The accounting basis is not the same — the Estimates are
on a cash basis of accounting while the
Budget is
on an accrual basis; the coverage is not the same — with the exception of the Guaranteed Income Supplement, tax
expenditures are not included in the Estimates; and the Estimates are
on a net basis, netting off revenues against applicable spending, while the
Budget is
on a gross basis, recording such charges / fees as revenues.
New initiatives that would require
on - going funding would mean either a higher deficit track and no balanced
budget in 2015 - 16 or new
expenditure cuts to pay for the new initiatives.
However, there remains a lot of room for improvement
on financial reporting and disclosing details of
expenditure cuts, he said, including tabling the
budget before department spending estimates.
This would mean that Parliament would be asked to approve a
budget without any detailed information
on the
expenditure cuts and government spending.
Based
on our assessment of the proposed
expenditure «savings», we believe that the Government will not balance the
budget in 2015 - 16, and may have difficulty in achieving a balanced
budget by 2016 - 17.
The
budget would only provide very general information
on the
expenditure cuts..
Off -
budget: Federal government
expenditures on certain programs, agencies, and government sponsored enterprises that are accounted for separately in the
budget to prevent spending changes or avoid a conflict of interest.
In other words, the
budget imbalance between taxes and government
expenditures has a direct impact
on foreign trade imbalances.
In addition, the
Budget records expenses
on a gross basis, whereas the Estimates net out any third party revenues associated with these
expenditures.
[2] «Fiscal Transparency: Parliament and the
Expenditure Management System Analysis of Government Responses to a Motion of the House of Commons Standing Committee
on Finance» February 25, 2011 Office of the Parliamentary
Budget Officer.
The Public Accounts /
Budget presents
expenditures on a gross basis, whereas the Estimates reports spending
on a net basis.
Governments, harassed by the burden of debt service payments, reduce public
expenditure on health and education and other social services to balance their
budgets.
Budgets direct the flow of funds to monthly
expenditures, along with the cravings of our hearts that continuously surface
on a daily basis.
Recognising these challenges, the authorities prepared and discussed with the mission, a package of measures which would reduce the risk of
expenditure overruns, in particular
on the wage bill, and keep the 2016
budget outturn consistent with the programme objectives, with an overall cash deficit now projected at 4.8 percent of GDP.
In 1989 a city - wide scheme of participatory
budgeting began, giving every citizen a voice in directly deciding municipal
expenditure on capital projects in a year - round series of town - hall meetings.
However, the Office of Rail Regulation, which monitors
expenditure on Britain's rail networks, has admitted that putting together the next five - year
budget for the railways will be «tough».
, «$ 2.6 trillion could be saved -LSB-...] It's possible to achieve all the
budget savings we need for the next 10 years simply by cutting the fat out of discretionary spending programs and tax
expenditures [i.e., cutting the corporate welfare] without raising tax rates
on the wealthy or cutting the safety net at all.»
They include greater accountability measures for the awarding of government contracts, more transparency for «lump - sum»
budget appropriations and
expenditures, and limits
on outside income for lawmakers.
Yet as Paul Mason pointed out
on Newsnight, even after the IMF crisis in 1975 - 6 and the Howe
budget of 1981, neither government ever managed to cut government
expenditure in cash terms.
«If allowable levy growth remains restricted, school districts will have to increasingly depend
on overrides, state aid growth, and
expenditure cuts to balance their
budgets, a credit negative,» Moody's found.
As EU
Budget negotiations rage, then drag
on in Brussels, the world sees the EU Commission drift even further from reality in its expectations over its own
expenditure.
His establishing the position that Labour would not run a
budget deficit over the course of the business cycle
on current
expenditure, but would borrow for investment, was precisely the correct position.
The
budget document itself is based
on the State - mandated Uniform Accounting System for New York State Local Governments, and provides a line - by - line accounting of all County revenues and
expenditures.
MPs» personal expenses claims remained broadly flat but
expenditure on staffing
budgets jumped upwards.
Ondo State governor, Oluwarotimi Akeredolu, SAN, has decried the practice of allocating disproportionate percentage of
budget on recurrent
expenditures.
The net county tax requirement, determined by subtracting the total estimated revenues from the total proposed
expenditures as set forth in the adopted
budget, shall be levied in advance by the County Legislature
on the taxable real property of the several tax districts of the County.
On or before the fifteenth day of August in each year, or such earlier date as the
Budget Director may prescribe, the head of each administrative unit authorized agency shall furnish to the
Budget Director an estimate of revenues and
expenditures for the respective administrative unit or authorized agency for the next ensuing fiscal year, exclusive of capital projects.
All capital
budget items shall include justifications based
on return
on investment, leverage of other revenue sources, payback period, impact
on credit rating, relative value in reducing operating or capital costs, or other such appropriate measures typically utilized to justify and prioritize such
expenditures.
As usual, the Legislature failed to produce an updated financial plan clarifying
expenditure totals before it voted
on the
budget.
The
Budget further expands the requirement for disclosing independent
expenditures to include independent
expenditures on communications made within 60 days before a general or special election, and 30 days before a primary election that reference a clearly identified client.
Each capital project request shall show: recommended priority; development; time schedule; estimated costs for planning, site of right of way, construction, equipment and other features; status of plans and land acquisition; anticipated effect of project
on annual operating
budget; possible sources of financial aid; recommended expenditures by years; and such other information as the Budget Director and Commissioner of Environment and Planning may deem advi
budget; possible sources of financial aid; recommended
expenditures by years; and such other information as the
Budget Director and Commissioner of Environment and Planning may deem advi
Budget Director and Commissioner of Environment and Planning may deem advisable.
Campaign Finance Disclosure The
Budget further expands the requirement for disclosing independent
expenditures to include independent
expenditures on communications made within 60 days before a general or special election, and 30 days before a primary election that reference a clearly identified client.
There are no upfront grants, so there is no cost — there is no
expenditure — out of the state
budget on this program.»
Although the emphasis in
on cutting, Miner added two significant
expenditures in her new
budget, both of which should pay for themselves over the long run, she said.
On or before the 1st day of October the County Executive shall submit to the Comptroller all revenue estimates and
expenditure estimates for Medicaid, public assistance, and pension contributions and health care insurance costs for County employees to be used in the proposed
budget.
In his 2015
budget, chancellor George Osborne set out figures from the Office for Budget Responsibility looking at the proportion of # 743 billion in total managed expenditure for 2015 - 16 spent on different se
budget, chancellor George Osborne set out figures from the Office for
Budget Responsibility looking at the proportion of # 743 billion in total managed expenditure for 2015 - 16 spent on different se
Budget Responsibility looking at the proportion of # 743 billion in total managed
expenditure for 2015 - 16 spent
on different sectors.
The New York City Independent
Budget Office released a report
on Monday that claims the city squandered $ 2.5 billion to $ 2.8 billion in tax
expenditures from 2005 to 2015.