Performance budget

A performance budget reveals the provision of goods and services that result from the expenditure of a certain amount of funds. The concept is most commonly used in government, where the focus of the organization is on providing resources to the general public. The budget is divided into individual programs, each of which states the amount of output expected. Examples of performance budget outputs are:

  • The provision of meals to the elderly
  • The provision of training classes to unemployed people
  • The percentage of children graduating from high school

Related Courses

Capital Budgeting