Budget Variance
Definition
The difference between what was budgeted and what was actually spent. If we budget $10M for roads and spend $12M, the variance is $2M over. We track this in real-time so you can hold us accountable.
The difference between what was budgeted and what was actually spent. If we budget $10M for roads and spend $12M, the variance is $2M over. We track this in real-time so you can hold us accountable.