Approved Operating Budget

Definition/Scope: An approved document submitted by a council or tresurer to represent the financial needs of an organization for a fiscal or calendar year. A plan specifying how resources, especially time or money, will be allocated or spent during a particular period.

Used For:

annual funding programs

Acronym:

AOB

Broader Terms:

Government Accountability Office
Office of Management and Budget

Narrower Terms:

balanced budgets
Consolidated Financial Report
earmark
operating budgets

Related Terms:

budget allocations
Budget Enforcement Act, 1990
economics