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Topic: Government Budget

	Budget - Wikipedia, the free encyclopedia
		In a personal or family budget all sources of income (inflows) are identified and expenses (outflows) are planned with the intent of matching outflows to inflows.
		The budget of a government is a summary or plan of the intended revenues and expenditures of that government.
		In the UK the budget is prepared by the Chancellor of the Exchequer, the second most important member of the government, and must be passed by Parliament.
	en.wikipedia.org /wiki/Budget (589 words)

	EH.Net Encyclopedia: The United States Public Debt, 1861 to 1975
		During the period 1861 to 1975, the debt for which the government could be partially or contingently liable has included that of government-sponsored enterprises, railroads, insular possessions (Puerto Rico and the Philippines), and the District of Columbia.
		The first budget deficit since the end of the war also appeared in 1931, marking the deepening of the Great Depression and a move away from the fiscal orthodoxy of the past.
		The change that occurred between 1861 and 1975 was the attitude among the government and the public toward budget deficits.
	www.eh.net /encyclopedia/article/noll.publicdebt (5242 words)

	Federal Government Budget Deficit (Site not responding. Last check: 2007-10-11)
		This is a government site from the Office of Management and Budget that gives a breakdown of the revenue the government collects and of the major categories of spending, including pie charts and tables.
		It also explains the different kinds of debts the federal government holds and how the government repays debts, including a chart of projected figures based on previous outlooks and is probably of little accuracy.
		At the end of his article, he argues that although a capital budget works for state governments, it doesn't mean the same is the best idea for the federal government.
	userpages.umbc.edu /~tdrage1 (633 words)

	Budget Surpluses, Deficits and Government Spending
		Budget surpluses are such a rarity that many adults cannot remember the last one before this year (which occurred in 1969).
		For example, when the federal government has a deficit using cash accounting of, say, $200 billion, it implies that government-induced demand for loanable funds will be high, with attendant effects on financial markets (e.g., probable higher interest rates) and on the ability of the private sector to borrow.
		The near disappearance of the budget surplus, very dear to Truman's heart, was also not primarily a consequence of the relatively mild 1949 recession, which was only a factor in the last half of that fiscal year.
	www.house.gov /jec/fiscal/budget/surplus2/surplus2.htm (4943 words)

	Financing County Government-Budget Office
		Suffolk County Budget Procedures The County Executive is the Chief Budget Officer in Suffolk County.
		The budget for the Suffolk County Community College is approved prior to the start of the academic year (September 1-August 31), and is considered separately from the other two budgets.
		The Capital Budget can be amended during the fiscal year by a Resolution introduced by the County Executive and approved by two-thirds of the County Legislature in a roll-call vote.
	www.co.suffolk.ny.us /webtemp3.cfm?dept=19&id=159 (1847 words)

	LOCAL GOVERNMENT BUDGET REVIEW
		Government on all levels must stop thinking that money is the solution to their problems and start examining how they spend the money they now have.
		The purpose of having an administrator is to relieve the governing body of the responsibility of running the day- to- day affairs of the borough; to have someone to implement borough policy and to represent the governing body to the employees, the public and to other government agencies.
		Budget The CMFO’s main responsibility when it comes to the budget is to track the revenues, expenses, and encumbrances that occur during the fiscal year.
	www.visitfanwood.com /borough/budget_report.htm (20219 words)

	The Bahamas PUBLIC FINANCE (Site not responding. Last check: 2007-10-11)
		The Bahamian government budget receives revenues primarily from import duties (65%), but Hemispheric Free Trade scheduled for 2005 will greatly reduce revenues.
		The government is looking for other sources of funds, including a restructuring of the banking system.
		The US Central Intelligence Agency (CIA) estimates that in 1999/2000 the Bahamas's central government took in revenues of approximately $918.5 million and had expenditures of $956.5 million including capital expenditures of $106.7 million.
	www.nationsencyclopedia.com /Americas/The-Bahamas-PUBLIC-FINANCE.html (142 words)

	BREITBART.COM - Corporate Taxes, Gov't Spending Hit Records (Site not responding. Last check: 2007-10-11)
		The improvement reflected the fact that government receipts were up 12.1 percent from a year ago to $241.88 billion while government spending rose by a slower 5.6 percent to $230.9 billion.
		However, budget experts are already predicting that Congress will balk at making sharp cuts in the growth of popular government programs, especially in an election year.
		Government spending totals $649.52 billion, a 7.2 percent increase from the same period a year ago.
	www.breitbart.com /news/2006/01/12/D8F3AUAG7.html (419 words)

	Joe Cobb on Government Budgets on NRO Financial
		Government expenditures are calculated from a “baseline” that includes some client population and cost-of-living increases.
		Each year, on the eve of the new fiscal year, governments adopt a “continuing resolution” because their new budget is not yet agreed to.
		The idea of government budgeting today is based entirely on forecasting and therefore it is biased in favor of increased spending and an expansion of programs.
	www.nationalreview.com /nrof_comment/comment-cobb072403.asp (615 words)

	Budget 2003 - The Treasury
		The latest Budget is Budget 2005 (released 19 May 2005).
		The Budget Speech is the Minister of Finance's speech at the start of Parliament's debate about the Estimates.
		Government ministers' Budget-related press releases are available from the Budget 2003 page of the Beehive website.
	www.treasury.govt.nz /budget2003 (440 words)

	The Central Government Budget
		These proposals are known as the Spring Fiscal Policy Bill and the Budget Bill.They are the two stages of a process that leads to the Governments proposed budget for the central government sector.
		When the Budget Bill is delivered in the autumn, the plans have been fashioned into a budget for the next year.
		This budget provides detailed proposals on the allocation of government expenditures and revenue to different areas, depending on the Governments priorities.
	www.sweden.gov.se /sb/d/2798 (321 words)

	U.S. Government Documents: The Budget Process
		It includes for each agency: the proposed text of appropriations language, budget schedules for each account, new legislative proposals, explanations of the work to be performed and the funds needed, and proposed general provisions applicable to the appropriations of entire agencies or group of agencies.
		Budget analysis and economic and budget projections are a large part of its operation.
		Budget News, a project of OMB Watch, provides background information and analysis of major U.S. federal budget issues, including major appropriations and tax bills, proposed changes to entitlement programs, and the Balanced Budget Amendment.
	www.columbia.edu /cu/lweb/indiv/usgd/budget.html (1641 words)

	Budget - City Government - City of Vancouver, Washington, USA
		The City of Vancouver's budget is produced biennially, every two years, to define and plan the funds needed to maintain the City's infrastructure and urban services.
		The City government is responsible for building and repairing roads, providing water and sewer service, and ensuring fire and police protection, as well as administering land use policy and participating in Vancouver's commercial and industrial development.
		State law requires the City budget be divided into separate funds with a specific purpose or purposes to promote state accountability but this also makes budgeting complex because it requires so many funds.
	www.ci.vancouver.wa.us /budget.asp?menuid=10462&submenuid=10476 (253 words)

	Budget of the United States Government: Fiscal Year 2006
		Issued by the Office of Management and Budget, the Budget of the United States Government is a collection of documents that contains the budget message of the President, information about the President's budget proposals for a given fiscal year, and other budgetary publications that have been issued throughout the fiscal year.
		Other related and supporting budget publications, such as the Economic Report of the President, are included, which may vary from year to year.
		Find the Federal budget (including issues prior to 1983) at a local Federal depository library.
	origin.www.gpoaccess.gov /usbudget/fy06 (174 words)

	Budget 2005 - The Treasury
		Budget 2005 was released here at approximately 2.50pm on 19 May 2005.
		The Government must explain any changes since the Fiscal Strategy Report, the Budget Policy Statement and the previous year's Fiscal Strategy Report.
		Budget documents back to 1997 are available from the Archive of Budget Documents page.
	www.treasury.govt.nz /budget2005 (500 words)

	vrtnieuws.net - Government begins budget control (Site not responding. Last check: 2007-10-11)
		A lot of attention is expected to be paid when it comes to looking at the loan the government received from major petroleum companies.
		The government remains insistent that the sector should finance a share of the 100 million euro project.
		She came under fire from the opposition and the press when it was revealed that an agreement had been signed between the federal government and the petroleum industry ruling out a contribution from the sector.
	www.vrtnieuws.net /nieuwsnet_master/versie2/english/details/060325_budget/index.shtml (200 words)

	USATODAY.com - Government budget surplus for June shrinks (Site not responding. Last check: 2007-10-11)
		WASHINGTON (AP) — The government's budget surplus in June was a lot smaller than for the same month last year, reflecting the impact of a weak economy.
		Through the first nine months of this budget year, which began Oct. 1, the government is running a surplus of $168.9 billion, down from $176.5 billion for the corresponding period last year.
		The budget surplus for the 2000 fiscal year, which ended Sept. 30, was $236.9 billion.
	www.usatoday.com /money/economy/2001-07-20-budget.htm (442 words)

	Government to budget dlrs 58 billion of oil revenues - Irna
		Abbas Mohseni told IRNA that in addition to budget bill's macro resources and general government expenditures tables amounting to dlrs 35 billion, several amendments also authorized the government to withdraw funds from Foreign Exchange Reserve Fund to tune of dlrs 23 billion.
		Over rls 20,000 billion of budget deficit is due to revenue shortfall and the rest is caused by fiscal indiscipline.
		The budget should be calculated based on oil barrel price of dlrs 30 and any surplus revenues should be deposited in the reserve fund, the MP said.
	www.irna.ir /en/news/view/menu-237/0601246437001957.htm (477 words)

	U.S. budget surplus shrinks in 2001 - Oct. 29, 2001
		Excluding the Social Security system, the U.S. government ran a $33.52 billion deficit, breaching the "lockbox" that was a focus of U.S. political debate until the attacks on New York and Washington set back an already weak economy and triggered new pressures in Congress for spending and tax cuts.
		And the government warned of the risk of deficits going forward, particularly as Congress and President Bush make plans to spend many billions of dollars to fight terrorism and spur economic growth in the wake of the Sept. 11 attacks on the World Trade Center and the Pentagon.
		Some economists believe the government will post a deficit in the 2002 budget year, the first shortfall since 1997, and most expect the economy to fall into a recession in the wake of the Sept. 11 attacks, if it wasn't there already.
	money.cnn.com /2001/10/29/economy/budget (502 words)

	Budget 2004 (Site not responding. Last check: 2007-10-11)
		A large budget: $2.4 billion in new spending in 2004-05, rising to $3.8 billion by 2007-08.
		A prudent budget: gross debt forecast to drop to 21.8 per cent of GDP by 2007-08; surpluses of above $5 billion forecast.
		$1 billion to restore departmental budgets to realistic levels so that they are able to meet their obligations, including a further increase to the Department of Child Youth and Family.
	www.beehive.govt.nz /budget/home.cfm (346 words)

	Understanding the Federal Budget - American Government - US News Classroom (Site not responding. Last check: 2007-10-11)
		Explain to students that the money the government collects to pay the expenses of the country is referred to as revenue.
		Ask students to use their U.S. government textbooks to identify the sources of revenue for the federal government.
		Have the students develop a rough monthly budget using the expenditures they agree upon for the income level of an average American family.
	www.usnewsclassroom.com /resources/activities/act010423.html (1335 words)

	The Phil Valentine Show
		The government, whether it is local, state, or federal, was never intended to take care of its citizens' every desire and whim.
		At a time of so-called "budget crisis," the Governor manages to come up with a new program for K-12 education that would spend close to $100 million, in addition to teachers raises and other education improvements, ostensibly to teach kids how to read and get kids into state-run daycare by age 4.
		Tennessee Code Annotated 9-4-5102 states: "the budget of the state government shall be prepared using zero-based budgeting principles." What this means is that each department is supposed to justify its budget, even its very existence, from the ground up each year.
	www.philvalentine.com /tnbudget_new.htm (6448 words)

	Ontario Budget 2006 - News Release MCGUINTY GOVERNMENT'S 2006 BUDGET BUILDS OPPORTUNITY THROUGH INFRASTRUCTURE ...
		The government remains on track to balance the budget by 2008-09 at the latest.
		In its last Budget, the McGuinty government announced Reaching Higher, a historic $6.2 billion cumulative investment in postsecondary education by 2009-10 to improve access, quality and accountability.
		A key element of the government's strategy for strengthening the Ontario economy is maintaining a competitive tax and business environment to encourage investment growth.
	www.ontariobudget.ca /english/nr1.html (860 words)

	La'o Hamutuk Bulletin Vol. 5, No. 2 March 2004 - East Timor Government's Budget Deficit
		However, the real reason for the budget shortfall is that East Timor has been prevented from receiving revenues from the Laminaria-Corallina oil field, which belongs to East Timor under the United Nations Convention on the Law of the Sea principles.
		The expense budget increases slightly for each year, as is normal, but the income budget drops from 2004 for the next three, as donor money decreases and revenues from Bayu-Undan construction taxes decline.
		Governments who borrow are limited in their ability to provide creative, locally appropriate solutions to their own development problems.
	www.etan.org /lh/bulletins/bulletinv5n2.html (3774 words)

	Government facing budget woes (Site not responding. Last check: 2007-10-11)
		Iraq is expected to have a budget deficit of more than 4.4 billion US dollars this year - a sevenfold increase on last year - despite the government’s attempts to tackle the shortfall.
		The 2005 budget is still being drafted, having been delayed by the formation of the new government.
		Many Iraqi economists are, however, critical of the government’s economic policy and the secrecy surrounding the budget.
	www.kurdmedia.com /news.asp?id=6793 (583 words)

	Budget 2005 - Delivering on Commitments
		Delivering on Commitments: a multimedia version of Budget 2005 with integrated video clips and slide show presentation (requires a Flash plug-in).
		Live cast: the Minister delivering the Budget Speech in the House of Commons.
		All HTML versions of Budget documents and associated graphics are also available on the Finance Canada FTP site as a single self-extracting archive (budget2005.exe).
	www.fin.gc.ca /budtoce/2005/budliste.htm (115 words)

	Hennepin County > 2006 Budget General Government proposal (Site not responding. Last check: 2007-10-11)
		Whether a customer is visiting the Hennepin County Government Center to conduct business … or keeping an appointment at the NorthPoint Health and Wellness Center … or attending the opening of a new county library in Eden Prairie … General Government departments are involved in making each of these service opportunities possible.
		The proposed General Government budget is $183.4 million. This is 10 percent of the county’s total budget.
		Funding for the General Government departments alone accounts for about 5.4 percent of the total proposed county budget for 2006. This is a remarkably small percentage to devote to these functions in an organization of this size.
	www.co.hennepin.mn.us /vgn/portal/internet/hcdetailmaster/0,2300,1273_1716_142871871,00.html (1167 words)

	Department of Finance - Government of Ireland - Budgets
		Budget Measures - detailed list of changes announced in the Budget together with the estimated cost or yield arising.
		Budget Statistics and Tables - gives detailed budgetary projections for the next three years.
		It is produced in compliance with the EU Stability and Growth Pact.
	www.budget.gov.ie (135 words)

	[No title]
		The German government wants to give the economy one more year to get on a more solid footing before implementing spending cut and tax increase measures in 2007 to help respect European Union budget rules for the first time in six years, as promised to the European Commission.
		"The federal government's 2006 budget is the budget of a transition period.
		The government's 2006 budget assumes economic growth of 1.4%, which is more pessimistic than forecasts by most of Germany's six leading economic research institutes, as well as the 1.5% forecast by the International Monetary Fund and the European Commission.
	www.marketwatch.com /News/Story/Story.aspx?guid={07D37031-27BF-4072-86F1-BAC45D7663FB}&siteid=google&keyword= (1022 words)

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