government budget
National fiscal blueprint
A government budget is the financial plan for a nation, state, or municipality—projecting revenue (mostly taxes) and allocating spending across programs and services.
Budgets reflect political priorities: The new government budget increases defense spending while cutting education.
To balance the budget means matching expenditures to income, avoiding deficit.
Unauthorized claiming or allocation
- expenditureMoney paid out
- spendingOutlaying of funds
- outlayMoney paid for something
- fundingSupplying monetary resources
disbursement · earmark · line item · discretionary spending · mandatory spending · entitlements · block grant · procurement
Unauthorized claiming or allocation
- fiscal yearAccounting calendar period
- auditFormal accounts examination
- treasuryStored organizational funds
- omnibus billLaw bundling unrelated measures
reconciliation · legislative approval · forecast · estimate · oversight · accountability · transparency · public hearing
Compulsory government revenue collection
- tax revenueGovernment's collected funds
- levyCompulsory government charge
- tariffsTaxes on imports
- dutiesRequired tasks or charges
fees · fines · royalties · receipts · income tax · corporate tax · sales tax · VAT
Failure to reach quota
- debtMoney owed another
- borrowingTemporary taking of another's
- red inkSymbol for financial loss
- overspendingExceeding one's budget
underfunding · indebtedness · liabilities · sequestration · spending cuts · austerity · cutbacks · underinvestment
Paved paths for vehicles
- bridgesStructures spanning obstacles
- public transportShared passenger services
- highwaysMajor intercity roads
- railwaysFixed-track transport systems
airports · utilities · energy grid · water supply · sewage · telecommunications · dams · flood defenses
Dark pigmented writing fluid
- windfallUnanticipated lucky gain
- cash reservesAccessible money stockpile
- rainy day fundMoney saved for emergencies
- fiscal healthSoundness of money matters
appropriation
Unauthorized claiming or allocation
- expenditureMoney paid out
- spendingOutlaying of funds
- outlayMoney paid for something
funding · disbursement · earmark · line item · discretionary spending · mandatory spending · entitlements · block grant · procurement · capital expenditure
appropriation
Unauthorized claiming or allocation
- fiscal yearAccounting calendar period
- auditFormal accounts examination
- treasuryStored organizational funds
omnibus bill · reconciliation · legislative approval · forecast · estimate · oversight · accountability · transparency · public hearing
taxation
Compulsory government revenue collection
- tax revenueGovernment's collected funds
- levyCompulsory government charge
- tariffsTaxes on imports
duties · fees · fines · royalties · receipts · income tax · corporate tax · sales tax · VAT · excise tax
shortfall
Failure to reach quota
overspending · underfunding · indebtedness · liabilities · sequestration · spending cuts · austerity · cutbacks · underinvestment · deficit reduction
roads
Paved paths for vehicles
- bridgesStructures spanning obstacles
- public transportShared passenger services
- highwaysMajor intercity roads
railways · airports · utilities · energy grid · water supply · sewage · telecommunications · dams · flood defenses · sanitation
black ink
Dark pigmented writing fluid
- windfallUnanticipated lucky gain
- cash reservesAccessible money stockpile
- rainy day fundMoney saved for emergencies
fiscal health · savings · overage · contingency fund · reserve fund
- public financepublic debt, tax revenue, expenditure, public spending, national debt
- financebank, CFO, banks, controller, finance
- governmentministries, legislature, judiciary, executive branch, ministry
government budgetbudget deficit
Spending exceeding revenue
fiscal crisis · budget surplus · national debt · government debt · balanced budget
budget, government, governing, governed, governance, budgeting, budgeted, budgets, governments