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Catchword for “balance the baskets”
Catchword: balance the baskets
Filed Under: ,
Part of Speech: v. phr.
Quotation: Alderman at-large Paul Denaro said the accepted practice over the years has been not to fund line items properly, but to make estimates based on the previous year’s budget and then adjust the accounts as needed during the course of a given fiscal year. This practice is sometimes known as “balancing the baskets” and results in a flurry of financial transfers, typically toward the close of the fiscal year in June.
Article or Document Title:
“Increase in OT partly due to installation of new computer system” (URL)
Author:
Gordon Vincent
Article, Document, Publication, Web Site:
Daily Times Chronicle
Publishing Location:
Woburn, Massachusetts
Date of Publication:
Jan. 26, 2007
(This date is uncertain. It is either not given, unclear, or unreliable in the original source.)
This catchword has yet to be researched.
Posted 29 Jan 07 | Permalink | Tell a Friend

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