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PPGPortal > Home > Concept Dictionary > S > Self-Financing
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Self-Financing
A program is said to be self-financing when the costs of delivery are recovered through an autonomous revenue source, such as fees, that are not placed into the Consolidated Revenue Fund, but retained in a special fund to pay for the program.
(Graham, Andrew. Financial Management in Canada’s Public Sector. Kingston, ON: School of Policy Studies, Queen’s University; Montreal : McGill-Queen’s University Press, 2007.)
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Self-Financing
A program is said to be self-financing when the costs of delivery are recovered through an autonomous revenue source, such as fees, that are not placed into the Consolidated Revenue Fund, but retained in a special fund to pay for the program.
(Graham, Andrew. Financial Management in Canada’s Public Sector. Kingston, ON: School of Policy Studies, Queen’s University; Montreal : McGill-Queen’s University Press, 2007.)
Approved for glossaryposting by Ben Eisen on December 5, 2010 | |
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