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In Westchester, more conservative budgeting grew out of years of competition between Democratic and Republican elected officials, who held one another in check.
Even districts that were in relatively good shape because of conservative budgeting expressed concern about what could be very lean years ahead.
But given his conservative budgeting and favorable international distribution arrangements, Mr. Merchant says that this is a picture that can't help but make money.
Mr. Suozzi said he was pleased that the authority had endorsed the 2003 budget, and, despite the new challenges he vowed to balance the county's future finances by using "very conservative budgeting".
Advertisers appear as if they want to try and stay the course on ad spending, yet there is more conservative budgeting as they make decisions more month-to-month than long-term".
He says he will govern without concern about being re-elected and with a discipline Albany is unaccustomed to: a strict hiring freeze, a hard property-tax cap, conservative budgeting, no more passing on the cost of state-mandated programs to local governments and structural reforms like a unicameral Legislature, an ethics overhaul and tighter campaign-finance rules.
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More conservative budget guidance.
"The preliminary budget is a conservative budget.
The Hong Kong government uses conservative budget forecasts, consistently predicting small deficits that turn into large surpluses.
Liberal and conservative budget experts generally don't endorse these myths.
"This is the most conservative budget in 20 years," Black said.
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