Amended Budget
/ˈæmɛndɪd ˈbʌdʒɪt/
Definitions
- (n.) A budget document that has been formally revised after its initial approval to reflect changes in fiscal estimates or policy decisions.
The city council approved the amended budget to allocate additional funds for public safety.
Forms
- amended budget
- amended budgets
Related terms
See also
Commentary
An amended budget is legally binding once approved and often requires adherence to prescribed legislative procedures for alteration.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.