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527Capital OutlayCAPITAL Outlasted Governor\'s Budget for the 195455 Fiscal Year presents a capital outlay program which is substantially reduced in scope, as compared with the current fiscal year,
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Budget terminology in the Office of Management refers to the specific terms and definitions used to create, present, and analyze budgets within governmental and organizational contexts.
Typically, government agencies, departments, and organizations that receive federal funding are required to file and adhere to budget terminology as specified by the Office of Management.
To fill out budget terminology, entities must follow the guidelines provided by the Office of Management, which may include specific forms to complete, definitions to adhere to, and information regarding expected revenues and expenditures.
The purpose of budget terminology is to ensure consistency, clarity, and accuracy in financial reporting and budget preparation, aiding stakeholders in understanding and analyzing budgetary information.
Information that must be reported includes projected revenues, anticipated expenditures, budget justifications, funding sources, and compliance with applicable laws and regulations.
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