Advertisement
Advertisement
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
"The publication of the new pipeline will put our capital budget back on a sustainable trajectory."
But make no mistake, the government has still had to make some big choices, even within a more generous capital budget.
Using the capital budget to invest in, say, AI scanners in the health service, in a way that ultimately is supposed to save money.
It has a total capital budget of about £270m but most of that is already committed to existing projects.
One source said, "the capital budget's OK, it's the day to day where the really difficult conversations are".
Advertisement
Advertisement
Advertisement
Advertisement
Browse