The Planning and Control of Capital Expenditure: Preparing Capital Estimates
本章探讨英国政府如何规划、协调和评估资本支出，在有限资源下竞争不同项目，强调资本支出的长期投资性质。
In Chapter 1 it was pointed out that the UK government prepared plans for its activities, and differentiated between 'capital' spending and 'current' spending. Capital is a term which is widely used, and indicates that the purpose of the spending is long term: the benefits of acquiring a capital item, such as a health centre, will spread over future years, and the initial cost represents an investment which enables the authority making that investment to continue to function and extend its services. This chapter looks at the way capital spending is planned, co-ordinated, and judged, in the competitive environment of different schemes competing for scarce resources.KeywordsFinancial ManagementCapital FinanceCapital ExpenditureDistrict AuthorityEfficiency SavingThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.