What does annual budget mean?

annual budget meaning in Law Dictionary

When a budget begins on the fiscal 12 months or a special calendar day.

annual budget meaning in Business Dictionary

A budget that's ready to coincide with a calendar or fiscal year.

Sentence Examples with the word annual budget

It provided for municipal elections in January; for the election of a mayor for four years; for his recall at the end of two years if a majority of the registered voters so vote in the state election in November in the second year of his term; for the summary removal for cause by the mayor of any department head or other of his appointees; for a city council of one chamber of nine members, elected at large each for three years; for nomination by petition; for a permanent finance commission appointed by the governor; for the confirmation of the mayor's appointments by the state civil service commission; for the mayor's preparation of the annual budget (in which items may be reduced but not increased by the council), and for his absolute veto of appropriations except for school use.

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