(redirected from Capital Expenditure Budget) Also found in: Financial.
The monies that an enterprise allocates for the purchase of fixed and durable goods. In a hospital, the capital budget is used to purchase beds, buildings, equipment, and other items that are not part of its operating costs.
As part of the deal, Kazakhmys will make a working capital payment comprising of USD150.0 million in cash, about USD80.0 million representing the unspent amount of sustaining capital expenditure budget of the assets for the first seven months of 2014, and about USD10.0 million in tax refunds to be received from the government of Kazakhstan.
For non-oil sector, growth is likely to rebound to 5.2% in 2014 from 4.6% reported for 2013; on the back of further recovery in the manufacturing, construction and real estate sectors following strong government capital expenditure budget allocation for FY2013/14.
Mizikar said $1.2 million is being sought for the fiscal 2013 capital expenditure budget. The money could be used for, among other things, new generators for the sewer department's pump stations, paving the South Grafton Elementary School parking lot, and lease payments for heavy equipment needed by some town departments.