Base Budget

Definition:

A base budget (permanent budget) is established for those functions that require a long-term financial commitment or have a long-term impact on the fiscal operations of the university (e.g., general funds, student fees, self-supporting funds). Funds in the base budget are automatically reallocated at the start of each fiscal year. The base budget is modified by using the Base Budget Adjustment document in DaFIS. The base budget rolls forward every year and is the starting point for that year's current operating budget.

Related terms:

Compound Annual Growth Rate

Useful articles:

»	Does Your Marketing Reflect Your Image?
»	Alternative E-Commerce Solutions
»	Close More Sales By Asking For More Than Enough Permission
»	Problems & Solutions

Interest compare

Our compound interest calculator will show you how interest adds up over a set period of time.

Raising a Child

Projects the future cost of an education and the amount you need to save to meet that cost

Life insurance

How much life insurance do you need? Enter your current assets, expenses, income

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

E-commerce

6 Reasons Why E-commerce Sites Fail

The World Wide Web is exploding. Everyday thousands of new individuals are using the Internet to search out and purchase products. However, 95% of all Internet sites lose money. With so many custom... [ more... ]

Marketing

Selling - More Than Face to Face

Almost all people in sales consider themselves experts in the face-to-face art of selling. There are hundreds of techniques used to close prospects. Methodologies abound on how to prospect and sell... [ more... ]

Marketing

When You Must Have Sales - NOW!

The current state of the US economy has certainly placed new pressures on companies to keep sales revenues at an acceptable level. As previous recessions have shown, when the economy goes south, mo... [ more... ]