Definition of terms used in this Act.
Section 2
SEC. 2. Definition of terms used in this Act. — The Budget is the financial program of the National Government for a designated fiscal year, consisting of statements of estimated receipts and expenditures for the fiscal year for which it is intended to be effective, based on the results of operations during the preceding fiscal years. Ordinary income consists of the proceeds of the collection of taxes and other kinds of revenues and receipts regularly accruing to the Philippine Treasury by virtue of the operation of existing laws. Receipts which do not regularly accrue to the Government, the collection of which is indefinite, or does not depend entirely on the authority of the Government of Commonwealth of the Philippines shall be classified as extraordinary income. Ordinary expenditures are those that are necessary for the ordinary operation of the Government and are continuous or recurring in nature. All other kinds of of expenditures shall be classified as extraordinary expenditures, including' public works constructions, special projects, and investments.