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capital budget
noun
- a statement of proposed financial expenditures, especially for schools, parks, and other municipal facilities, and often including a plan for financing.
Example Sentences
He said the increase in the capital budget, which goes on buildings and equipment, would be “crucial” in improving productivity.
She directly criticised the fact that the UK's capital budget is due to fall from 2.5% of the size of the economy to 1.6%.
Ms Carpenter added: "We’ve already notified the Department for Education of this issue, but we will now be writing to them with details of our findings and highlighting the additional financial pressure this will place on our school capital budget."
Finance secretary Shona Robison said this was due to cuts to its capital budget by Westminster.
But so far, the city project hasn’t ranked high enough for funding in its capital budget, Bellevue Utilities Planning Manager Eric LaFrance said.
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