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.
Not exact matches
Total annual
capital expenditure on projects already approved is expected to peak in 2012.
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.
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 advisable.
According to him, Governor Ahmed noted that in order to spend more
on capital projects, government has to sustain reduced recurrent
expenditure and ensure cost cutting in governance.
Capital expenditure has been reduced, approved growth
projects are
on track and operations are performing well.
• Following the approval of an additional $ 2.7 billion
capital investment to modernise the Kitimat aluminium smelter, total
capital expenditure for 2012,
on approved
projects and sustaining
capital, is expected to be $ 15 billion.
The 2007 Federal budget which focused
on accelerating investments in Basic Physical and Human Resources
Capital, which implies that government
expenditure was to be channeled towards completing
on - going
projects in power, water, roads e.t.c.. However, assessing the 2007 budget, this budget recorded low outcome.
-- I'd agree with management's assertion that «much of the
capital expenditure in recent years focused
on larger infrastructure
projects which take a longer time to reach maturity in their returns», so I think underlying ROCE is a few % higher (though that may still remain offset by continued investment) & management's 20 % + ROCE target continues to make sense.
We doubt that «business as usual» (as it has previously been understood) will ever return, so investors should seek
capital discipline from management and challenge
capital expenditure on high - cost
projects.
A new survey from Carbon Tracker has revealed that while fossil fuel companies are well aware of the impacts of climate change and the effects carbon - cutting policies will have
on fossil fuels reserves, only 7 % integrate the risks into corporate
project and
capital expenditure assessments.
Fossil fuel companies risk wasting almost $ 1.6 tn
on oil, gas and coal
projects that will become uneconomic if the world steps up efforts to tackle climate change, according to an analysis of
projected capital expenditure in the energy sector.
In particular, companies have had to revise how much they're going to spend
on existing or new
projects, known as «
capital expenditure», or «capex» for short, to avoid wasting huge piles of investors» cash, and maintain dividends.
Projects with budgets that primarily reflect a focus
on capital expenditure, eg erecting buildings, creating physical infrastructure (schools, orphanages, community centres, etc) or purchasing of major equipment (such as vehicles
The company also has delivered more than $ 100 million in
capital expenditure projects on time and
on budget.