Budget process
From Wikipedia, the free encyclopedia
A budget process refers to the process by which governments create and approve a budget. · The Financial Service Department prepares worksheets to assist the department head in preparation of department budget estimates · The Administrator calls a meeting of managers and they present and discuss plans for the following year’s projected level of activity. · The managers can work with the Financial Services, or work alone to prepare an estimate for the departments coming year. · The completed budgets are presented by the managers to their · Executive · Officers for review and approval. Justification of the budget request may be required in writing. In most cases, the manager talks with their administrative officers about budget requirements. Adjustments to the budget submission may be required as a result of this phase in the process.
See also: United States budget process
[edit] References
- Performance Budgeting: Linking Funding and Results, Marc Robinson (ed.), IMF, 2007
- From Line-item to Program Budgeting, John Kim, Seoul, 2007
- Program and Performance Budgeting Enthusiasm in India -- IMF Training Course, Holger van Eden, IMF, 2007
- Public Finance Reference Reading: Revisiting the Classics -- Schick's Contemporary Approach to PEM (1998), Bill Dorotinsky, IMF, 2007
- Budget practices and procedures --- everything you'd want to know about OECD countries, Bill Dorotinsky, IMF, 2007