Budget Formulation

{
  "id": "MLC-T-ENV-003745",
  "term": "Budget Formulation",
  "field": "Environment",
  "definition": "Budget Formulation involves all activities undertaken to determine priorities for future spending and to develop an itemized forecast of future funding and expenditures during a targeted period of time. This includes the collection and use of performance information to assess the effectiveness of programs and develop budget priorities.",
  "subject": "Information management and systems",
  "references": [
    "EPA BRM"
  ],
  "url": "https://mlchart.com/terminology/environment/budget-formulation/"
}