In the context of city governance, expenditures are the funds that a city council or other governing body allocates and spends to carry out various activities and functions within the municipality. Expenditures are a vital aspect of budget planning for a city council.
Expenditures are usually categorized into either operational expenditures (OPEX) and capital expenditures (CAPEX). Operational expenditures cover day-to-day expenses such as salaries, utilities, and maintenance, while capital expenditures cover investments in infrastructure, equipment, and facilities.