First, it is important to understand budgets. A budget is a financial document that forecasts (or estimates) the revenue that a department will earn/receive and details where that money will be spent.

In the broadest sense, a budget is an allocation of money for some purpose. The word once used to mean “pouch” or “purse”; a budget therefore is “what’s in the pouch.” Budgeting as an activity ranges ...

Members of the Joint Committee for Budget and Appropriations Reform are considering changing the federal budget process to a biennial cycle, pursuing a budget resolution every two years with annual ...

Learn key strategies for IT budgeting, from evaluating assets to prioritizing projects, to maximize resources and drive tech investments. IT budgeting can range from a painful annual process to ...