a pendent ornament consisting commonly of a bunch of threads, small cords, or other strands hanging from a roundish knob or head, used on clothing, in jewelry, on curtains, etc. 2. something resembling this, as the inflorescence of certain plants, especially that at the summit of a stalk of corn.
It is estimated that Governmentâs total expenditure for the financial year 2016-2017, on the accrual basis, will be $4 394.5 million. When converted to the cash basis, total expenditure is $4 331.7 million, an increase of $92.5 million or 2.2 per cent over the revised figure for 2015-2016.
The OSY expenditure rate is calculated for local area funds after subtracting the funds spent on administrative costs. For example, if a local area receives $1 million and spends $100,000 on administrative costs, the remaining $900,000 is subject to the OSY expenditure rate. In this example, the local area would be required to spend at least $675,000 (75 percent) of the $900,000 on OSY.