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.
Many of Portsmouthâs attractions are clustered within easy walking distance of each other, making it the perfect place to spend a day. And with its central location, itâs easy to get to â just a quick ferry ride from downtown Norfolk, and just minutes from Virginia Beach and Colonial Williamsburg.