Controlling expenditure refers to the practice of monitoring and regulating spending to ensure that it aligns with budgetary constraints and organizational goals. This involves analyzing financial data, setting spending limits, and implementing strategies to reduce unnecessary costs. Effective expenditure control helps organizations maintain financial stability and make informed decisions regarding resource allocation. Ultimately, it aims to enhance efficiency and optimize the use of available funds.
Expenditure of Federal funds on programs run in part through state and local governments
The heads of public expenditure typically include categories such as social services (education, healthcare, and welfare), infrastructure development (transportation, utilities, and public works), defense and security, and administrative costs (government operations and public sector salaries). Additionally, public expenditure may encompass subsidies, grants, and transfers to local governments or other entities. These expenditures aim to promote economic stability, social equity, and public welfare.
warrant is a general term for the document authorizing the officer controlling expenditure to incur expenses.
money set aside for expenses
Since taking office, the governor has reduced the state's expenditures on transportation by 25%. The principal felt that the field trips were an unnecessary expenditure of school funds.
tranfer of funds from unspending expenditure to different part of the same expenditure line
The authority that establishes the rules for the expenditure of public funds typically includes legislative bodies, such as a national or state legislature, which create laws and budgets governing public spending. Additionally, executive agencies and departments may implement these rules and oversee the financial management of public funds. Oversight bodies, such as auditor generals or public finance commissions, may also play a role in ensuring compliance and accountability in the expenditure of public funds.
affirmative authority
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In India public expenditure helping to development
Public expenditure died on 1960-01-06.
Public expenditure was born on 1891-11-21.
To be frugal is to avoid the unnecessary spending of money, or the avoidance of the unnecessary expenditure of some other resource.
The basic axiom of fiscal law regarding the expenditure of public funds is that such funds must be used for their intended purpose and in accordance with established legal frameworks. This principle ensures accountability, transparency, and efficiency in the use of taxpayer money. Additionally, expenditures must adhere to budgetary constraints and be authorized by appropriate legislative or regulatory bodies. Ultimately, this axiom seeks to prevent misuse and promote responsible financial management in the public sector.