operating budget

Definition

A reasonable expectation of future income and expenses from property operations.

Use operating budget in a sentence

When you are about to start a new project you need to come up with an operating budget that you can handle.

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The property manager was able to put forward a realistic operating budget for the upcoming year because of the relative year-to-year price stability in the utilities markets and the fact that all eight of the apartment's rental units were under 24 month leases.

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The company's deliberations as to which products and services to invest in were based not only on the immediate concerns of present resources, but also by what their operating budget predicted in terms of their future resources.

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cash flow break-even point New Mexico State Investment Office Trust