Probably "less than or equal" and then "greater than".
[The OP wanted 50% to be green.]
--
David Biddulph

"Mike H" wrote in message
...
Hi,

Select A6 then
Format|Conditional format
Cell value is
Less than
=$A$1/2
select green Ok

Click ADD and repeat but this time use 'greater than equal to'
select red

Mike

"David" wrote:

Need help with a formula. (Excel 2003)
Need to create a conditional formula to identify spending trends.
Example:
A1= Alocated Budget, A2-A5= Spending Breakdown, A6= Total Actual Spent

If A6 is 50% or less than A1, flag "Green"
If A6 is 51% or greater than A1, flag "Red"

Thanks