Program Budgeting

Program budgeting is a financial planning process that allocates funds to specific programs or projects based on their objectives and expected outcomes. Instead of just focusing on overall spending, it evaluates the effectiveness and impact of each program, helping decision-makers prioritize resources. This approach encourages transparency and accountability, as it allows stakeholders to see how funds support particular goals, like education or public health. By assessing the results of spending, organizations can make informed adjustments to improve efficiency and effectiveness in achieving their mission.