Concept information
Preferred term
capital budgeting
Definition
- A key factor in long-term strategic planning for state and local government. The capital budget is distinguished from an operating budget because of its focus on the infrastructure and not the day-to-day expenses. [Source: The SAGE Glossary of the Social and Behavioral Sciences; Capital Budgeting]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/capital_budgeting
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