Current Budget Preparation Process

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Current Budget Preparation Process

Current Budget characterizes the consumption which means that:

  • to plan the activities of recurrent nature in line with organization’s policies and objectives
  • To ensure efficient public service delivery
  • Assign costs to planned activities
  • Identify and workout the gaps and deficiencies in the physical resources which may be a hurdle in the public service delivery
  • Manage these gaps and deficiencies for optimum results

So current Budget;

  • Develop to maintain the recurring expenditure of the entity.
  • It characterized the consumption.
  • It is developed to design & maintain the on-going/ operating cost.

Salary budget, operating Budget, Repair & Maintenance Budget are just the examples of the current budget.