That may sound funny, but this hypothetical conversation has moved rapidly toward understanding this particular client's mindset, more focused on
budget than outcome.
Not exact matches
For example, if, as expected, the final audited deficit
outcome for 2011 - 12 is lower
than that estimated in the March 2012
Budget, some, if not all, of this improvement could carry forward into 2012 - 13, thereby resulting in a lower
outcome that currently estimated.
The final
outcome was $ 1.5 billion lower
than forecast in the March 2012
Budget, with most of the decline again attributable to lower -
than - projected direct program expenses.
For example, if the final audited deficit
outcome for 2010 - 11 is lower
than that estimated in the June 2011
Budget, some, if not all, of this improvement could carry forward into 2011 - 12, which would then explain part of the improvement ion 2011 - 12.
For example, if the final audited deficit
outcome for 2010 - 11 is lower
than that estimated in the June 2011
Budget, some, if not all, of this improvement could carry forward into 2011 - 12.
The idea of an independent Parliamentary
Budget Office arose in late 2004 when the final
outcome for the surplus for 2003 - 04 came in at $ 9.1 billion rather
than the estimated $ 1.9 billion provided in the
Budget.
As noted above, the higher -
than - expected deficit
outcome for 2011 - 12, compared to the March 2012
Budget forecast, was entirely due to lower -
than - expected revenues.
Second, the final
outcome for 2014 - 15 was considerably better
than forecast in the April 2015
Budget and much of this better -
than - better
outcome has probably carried forward into the current fiscal year.
On balance, the final deficit
outcome for 2012 - 13, which will not be known until the audited results are released in the fall of 2013, could be slightly lower
than the
Budget 2013 estimate of $ 25.9 billion.
Over half of the better -
than - expected
outcome relative to the March 2016
Budget was attributable to the inclusion of a $ 6 billion Contingency Reserve, which was not required.
To date, Minister Flaherty has been unable or unwilling to explain why the deficit for 2012 - 13 came in so much lower
than what he forecast in the March 2013
Budget or why the monthly results to the end of March 2013 were so far off the final
outcome for 2012 - 13.
Based on the financial results to date, the final deficit
outcome for 2011 - 12 could be at least $ 2 billion lower
than forecast in
Budget 2012.
The final audited status quo deficit
outcome for 2008 - 09 was $ 7.6 billion higher
than that forecast in the January 2009
Budget (Table 1).
However, the final financial
outcome for 2016 - 17 at $ 17.8 billion was $ 5.3 billion lower
than that estimated in the March 2017
Budget, part of which should carry forward in 2017 - 18 and future years.
As a result, the final deficit
outcome for 2010 - 11 could be between $ 3 and $ 6 billion lower -
than - estimated in the March 2011
Budget.
The final deficit
outcome for 2016 - 17 was $ 5.3 billion lower
than that forecast in the March 2017
Budget.
A much better
than expected
outcome for 2013 - 14 would likely result in a balanced
budget for 2014 - 15, all other things remaining equal.
In addition, the final audited
outcome for 2010 - 11 was somewhat better
than estimated in the June 2011
Budget and some of this should forward into 2011 - 12.
Indications during the year suggested that the final
outcome would be considerably higher
than estimated in the March 2016
Budget.
The lower -
than - expected deficit
outcome for 2010 - 11, compared to the June 2011
Budget estimate, resulted from both higher revenues (up $ 1.5 billion) and lower program expenses (down $ 1.2 billion).
Because recessions may affect student
outcomes through channels other
than school
budgets (such as parental employment or neighborhood crime), the Shores and Steinberg result likely reflects all ill - effects of the recession rather
than those through reduced per - pupil spending per se.
This study found that employee benefits as a percentage of the district's
budget were negatively associated with levy
outcomes, while salaries were positively associated with levy
outcomes, suggesting that voters may be more sensitive to retirement and healthcare benefits
than salaries when voting.
Aboriginal and Torres Strait Islander people already suffer worse
outcomes from cancer
than other Australians, and these are guaranteed to increase into the future if the health measures outlined in the government
budget are implemented.