Emergency variance 2025

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variance n 1 : a disagreement between two documents or positions. ;esp. : a disagreement between allegations (as in an indictment or complaint) and proof offered at trial that warrants an appropriate remedy (as a directed verdict or an acquittal) when prejudicial to the substantial rights of the defendant.
Variance Example Suppose we have the data set {3, 5, 8, 1} and we want to find the population variance. The mean is given as (3 + 5 + 8 + 1) / 4 = 4.25. Then by using the definition of variance we get [(3 - 4.25)2 + (5 - 4.25)2 + (8 - 4.25)2 + (1 - 4.25)2] / 4 = 6.68. Thus, variance = 6.68.
A variance is a request for relief from the strict application of zoning regulations to alleviate an unusual hardship to a particular property. For example, a homeowner may request that a room addition be permitted closer to the property line than the Zoning Ordinance would normally allow.
There are four common reasons why actual expenditure or income will show a variance against the budget. The cost is more (or less) than budgeted. Budgets are prepared in advance and can only ever estimate income and expenditure. Planned activity did not occur when expected. Change in planned activity. Error/Omission.
A use variance allows you to use or operate your property in a manner typically restricted by zoning requirements. Examples of use variances are: Renovating a single-family home into a multifamily home. Opening a commercial business in a residential district.

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Investors use variance to see how much risk an investment carries and whether it will be profitable. Variance is also used in finance to compare the relative performance of each asset in a portfolio to achieve the best asset allocation. The square root of the variance is the standard deviation.
An area variance allows property owners to make physical changes to a property their zoning requirements would typically restrict. Examples of area variances include: Putting up a new fence where fences arent customarily permitted. Building a structure closer to a roadway or property line than is permitted.

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