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Budget (3)
BUDGET (3)

Definitions:

i. A written statement of money: where it is drawn from, its account, how it is to be spent.

ii. (verb) To plan expenditure with a given amount of money.
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* All seven elements should be in.


1. Purposeful and necessary (to emphasize).

2. All estimates and/or projections come true.
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See perfect BUDGET (2).
Below the Line
1. No borrowing to finance the plan (unless provided for in the original estimate). That is, properly and adequately funded.

2. No misapplication of funds.

3. No misappropriation.
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See perfect BUDGET (1).


further below the line


1. No deficit at the end of budget period.

2. No abandoned or unfinished items of expenditure (projects), meant for the period, at the end of the budget circle.
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... MAY BE SHOESTRING.

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