Government Budgeting
/ˈɡʌvərnmənt ˈbʌdʒɪtɪŋ/
Definitions
- (n.) The legal process by which a government plans, authorizes, and controls public financial resources for a specified period.
Government budgeting requires legislative approval of appropriations to allocate funds for public programs.
Forms
- government budgeting
Related terms
See also
Commentary
In legal contexts, government budgeting involves statutory authority and compliance with fiscal laws, emphasizing the balance between revenue and expenditure.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.