Public Budgeting
/ˈpʌblɪk ˈbʌdʒɪtɪŋ/
Definitions
- (n.) The process by which government authorities plan, allocate, and control public financial resources through formal budgeting procedures.
Public budgeting determines how taxpayer money is distributed to various government programs.
Forms
- public budgeting
Related terms
See also
Commentary
In legal contexts, public budgeting affects the enforceability and legality of expenditure and revenue statutes, requiring clear statutory authorization.
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.