base budget
Definition
A recurring set of funds provided to a department at the onset of each budget period. The base budget is used to keep the department functioning, and is derived from the previous year's spending and adjustments such as inflation. It is not designed to fund special projects. See also non-base budget.
email to a friend
print this definition
cite this definition
link to this page
base budget is in the Accounting & Auditing subject.
base budget appears in the definition of the following term: non-base budget
This content can be found on the following page:
http://www.businessdictionary.com/definition/base-budget.html