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]


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