Summary Definition. Define Balanced Budget: Balanced budget means a financial planâs cash inflows and outlays are equal and will not cause the entity to go into debt.
Portsmouth, Virginia. Portsmouth is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 95,535.[3] It is part of the Hampton Roads metropolitan area.
1 The population density in Portsmouth is 867% higher than New Hampshire. 2  The median age in Portsmouth is 1% lower than New Hampshire. 3  In Portsmouth 89.86% of the population is Caucasian. 4  In Portsmouth 2.25% of the population is African American.  In Portsmouth 4.13% of the population is Asian.