This blog is meant to capture the intersection of business, economics, politics, science, humanities, global culture, facts, figures, ideas, human nature, inventions, technology, health, food, sex...It is really an ode to life and the many things to think about and consider along the way.

Tuesday, January 5, 2010

Capital Budget vs. Operating Budget

These two ideas (from the Internet) seem to contradict each other. Must find a good explanation...

*In a state, the capital budget has one-time appropriations that do not recur. The operating budget funds programs that are ongoing.

*In general, the capital budget is concerned with provision of resources for the long-term running. The operating budget is conerned with day-to-day operations (it is considered a short-term budget - usually for one year).

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