Summary Definition. Define Balanced Budget: Balanced budget means a financial planâs cash inflows and outlays are equal and will not cause the entity to go into debt.
Portsmouth, Virginia. Portsmouth is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 95,535.[3] It is part of the Hampton Roads metropolitan area.
The 3rd Congressional District in the Commonwealth of Virginia includes all of the independent cities of Petersburg and Portsmouth, parts of the independent cities of Hampton, Newport News, Norfolk and Richmond, all of the Counties of Charles City and Surry, and parts of the Counties of Henrico and Prince George.