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And my budget is based on that philosophy.
Russia's 2014 budget was based on an oil price of $100 a barrel.
That budget was based on the projected and not the actual sales-tax revenue last year.
"In Brentwood, 56percentt of the budget is based on state aid," Mr. Steiner said.
Mrs. Rell's budget is based on smaller deficit projections made last month.
The latest Chinese defence budget is based on spending increasing by a more modest 10.7% annually.
Venezuela's budget is based on oil at $120 a barrel.
The budget is based on a plan called Vision 2015, which the independent board adopted last summer.
Last year's budget was based on a growth forecast of 1.7% for 2004.
Mr. Ryan, the state budget official, said the city's interim budget was based on revenue that would never materialize.
The budget is based on assumptions about tax revenue and growth, exchange rates and inflation that are considered unrealistic.
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