--%>
Assignment Help - homework help

Explain Planning Estimate

Planning Estimate (PE): A document employed to record and monitors those present and budget year expenditure adjustments comprising budget change proposals accepted for inclusion in the Governor's Budget. PEs is broken down by department, character, fund kind, Budget Bill or Act appropriation number, and "lines"(that is, expenditure groupings like employee compensate on, price rises, one-time costs). PEs is primarily employed to record the incremental decisions made changes regarding to each base budget, are updated at recurrent intervals, and can be employed for quick planning or "what if" analyses. The PEs identifies all proposed expenditure changes (that is baseline and policy) to the preceding year's Budget Act, and once budget preparation is finished, PEs will tie to all other fiscal description of the proposed Governor's Budget. (The word is sometimes utilized synonymously with the Planning Estimate Line that is one particular expenditure grouping.)

   Related Questions in Finance Basics

  • Q : Price Earning ratio Define the term

    Define the term Price Earning ratio and how it is calculated?

    		•
  • Q : Short run and long run influence Normal

    Normal 0 false false

  • Q : Define Employee Compensation or

    Employee Compensation or Retirement: Salary, advantage, employer retirement rate contribution adjustments, and any other associated statewide compensation adjustments for the state employees. Different 9800 Items of the Budget Act suitable funds for c

    		•
  • Q : What is Prior Year Adjustment Prior

    Prior Year Adjustment: An adjustment for the difference among prior year accruals and real expenditures or revenues. The previous year adjustment amount is usually comprised in the Fund Condition Statements as an adjustment to realign the starting fun

    		•
  • Q : What is Non-governmental Cost Funds

    Nongovernmental Cost Funds: For lawful basis purposes, employed to budget and account for revenues other than common and special taxes, licenses, and fees or some other state revenues.

    		•
  • Q : Determine per unit cost of production

    Normal 0 false false

  • Q : What is Make-Buy Analysis Make-Buy

    Make-Buy Analysis: Business decision which compares the costs and advantages of manufacturing a product or product component alongside purchasing it. When the purchase price is high than what it would cost the manufacturer to prepare it, or when the m

    		•
  • Q : Define Organization Code Organization

    Organization Code: The four-digit code allotted to each state governmental entity (and at times to exclusive budgetary programs) for fiscal system aims. The organization code is the initial segment of the budget item or appropriation

    		•
  • Q : What is Budget Revision Budget Revision

    Budget Revision (BR): A document, generally approved by the Department of Finance, which cites a legal authority to authorize a modification in an appropriation. Usually, BRs either raise the appropriation or make adjustments to the groups or programs

    		•
  • Q : Explain the term Balance Available

    Explain the term Balance Available: In regards to a fund, it is the surplus of resources over uses. For budgeting aims, the balance accessible in a fund condition is the carry-in balance, net of any preceding year adjustments, plus revenues and transf

    		•