Is funtional budget a type of budget?

A budget deficit is one element of some budgets but is not a "type" of budget. You may be thinking of a "deficit budget" (see below). To start: a budget is simply a spending plan - how much the...

Budget that works for nonprofit organization and it relates to developing programs and what not.

Budgets can be classified according to Time, Function, and Flexibility.ACCORDING TO TIME:1. Long Term Budget2. Short Term Budget3. Current Budget4. Rolling budgetACCORDING TO FUNCTION:1. Sales...

Politics, Policy, and Process. The 3 P's

operating budget pays for day-to-day expenses, like salaries of a state employee and capital budget pays for major capital, or investment, spending, like building a bridge the money comes from there.