Budget process


Budget process

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

References

* [http://blog-pfm.imf.org/pfmblog/2007/10/making-performa.html Performance Budgeting: Linking Funding and Results, Marc Robinson (ed.), IMF, 2007]
* [http://blog-pfm.imf.org/pfmblog/2007/11/from-line-item-.html From Line-item to Program Budgeting, John Kim, Seoul, 2007]
* [http://blog-pfm.imf.org/pfmblog/2007/10/program-and-per.html Program and Performance Budgeting Enthusiasm in India -- IMF Training Course, Holger van Eden, IMF, 2007]
* [http://blog-pfm.imf.org/pfmblog/2007/11/public-finance-.html Public Finance Reference Reading: Revisiting the Classics -- Schick's Contemporary Approach to PEM (1998), Bill Dorotinsky, IMF, 2007]
* [http://blog-pfm.imf.org/pfmblog/2007/10/budget-practice.html Budget practices and procedures --- everything you'd want to know about OECD countries, Bill Dorotinsky, IMF, 2007]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • United States budget process — The process of creating the budget for the United States government is known as the budget process. The framework used by Congress to formulate the budget was established by the Budget and Accounting Act of 1921,[1] the Congressional Budget and… …   Wikipedia

  • German budget process — The establishment of the annual budget of the Federal Republic of Germany is known as the German budget process.= Purpose =The primary purpose of the budget is to create an overview of the country s revenues and expenses for the following fiscal… …   Wikipedia

  • United States House Rules Subcommittee on Legislative and Budget Process — The Subcommittee on Legislative and Budget Process is a a subcommittee within the House Rules CommitteeAccording to the Committee rules, this Subcommittee has general responsibility for measures or matters related to relations between the… …   Wikipedia

  • Budget theory — is the academic study of political and social motivations behind government and civil society budgeting. Classic theorists include Henry Adams, William F. Willoughby, V. O. Key, Jr., and, more recently, Aaron Wildavsky. Notable recent theorists… …   Wikipedia

  • Budget — For the rental car company, see Budget Rent a Car. For the car insurance company Budget, see Budget Group of Companies. A budget (from old French bougette, purse) is a financial plan and a list of all planned expenses and revenues. It is a plan… …   Wikipedia

  • Budget Enforcement Act of 1990 — The Budget Enforcement Act of 1990 (USPL|101|508, title XIII; USStat|104|1388 573; codified as amended at scattered sections of 2 U.S.C. usc|15|1022) was enacted by the United States Congress as title XIII of the Omnibus Budget Reconciliation Act …   Wikipedia

  • Process modeling — The term process model is used in different contexts. For example, in business process modeling the enterprise process model is often referred to as the business process model . Process models are core concepts in the discipline of Process… …   Wikipedia

  • Process area (CMMI) — The latest version of Capability Maturity Model Integration (CMMI) CMMI for Development, Version 1.3 contains 22 Process Areas that describe the aspects of product development that are to be covered by organizational processes. Contents 1 Process …   Wikipedia

  • Process Improvement and Management (PI&M) — Identify, analyze and improve the Key ProcessesAccording to Rummler (1996) an organization is only as good as its processes. To be able to make the necessary changes in an organization, one needs to understand the key processes of the company.… …   Wikipedia

  • Process Owner — Prozesseigner (engl.: Process owner) ist ein Begriff aus dem Qualitätsmanagement. Er wird in der Qualitätsnorm ISO 9004:2000 definiert. Prozesseigner ist der Verantwortliche für einen Prozess oder für einen Teil Prozess. Er wird von der… …   Deutsch Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.