2012 Municipal Operating and Capital Budget Overview-2026

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The Obama administrations budget request contained $2.627 trillion in revenues and $3.729 trillion in outlays (expenditures) for 2012, for a deficit of $1.101 trillion.
The capital budget consists of capital projects, which are a set of activities that maintain or improve a city asset, often referred to as infrastructure-from buildings, to park trails, to roads. These activities can be new construction, expansion, renovation, or replacement of existing infrastructure.
Provincial Allocations The largest beneficiaries of the 2012/13 budget are Health (36.7 per cent share), Education (35.7 per cent share), Transport and Public Works (11.6 per cent share), Human Settlements (4.8 per cent share) and Social Development (3.5 per cent).
The enacted budget contained $2.469 trillion in receipts and $3.796 trillion in outlays, for a deficit of $1.327 trillion.
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