When the budget of a government is adopted and Estimated Revenues exceed Appropriations,the excess is

Name: When the budget of a government is adopted and Estimated Revenues exceed Appropriations,the excess is
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When Estimated Revenues exceed Appropriations, it signifies a surplus budget. The excess amount is credited to Budgetary Fund Balance. This fund denotes the amount available with the government for future spending after meeting all the liabilities incurred.

When the Budget of a Government Is Adopted and Estimated