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What does unallocated funds means?

Updated: 4/28/2022
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If you have budgeted a certain amount of money for a certain purpose, let us say, you have $1000 to produce a party, and you have decided to spend $500 on drinks, $200 on snacks, $100 on decorations, and $100 to hire an entertainer, that adds up to $900; if you have not decided what you want to do with the remaining $100, then that money constitutes unallocated funds. It is unallocated because you have not decided what it is for.

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Q: What does unallocated funds means?
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What does funding mean?

If you have budgeted a certain amount of money for a certain purpose, let us say, you have $1000 to produce a party, and you have decided to spend $500 on drinks, $200 on snacks, $100 on decorations, and $100 to hire an entertainer, that adds up to $900; if you have not decided what you want to do with the remaining $100, then that money constitutes unallocated funds. It is unallocated because you have not decided what it is for.


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