8 ms·
Think of the budget as a multi-year allocation. If Budget A from 2 years ago was "$500 this year, $600 next year, $700 the year after that" and now you reduce
by TAForObvReasons 9y ago
Think of the budget as a multi-year allocation. If Budget A from 2 years ago was "$500 this year, $600 next year, $700 the year after that" and now you reduce the allocation to $610, that is a budget cut from the original Budget A.
- bluGill 9y agoOnly if the budget was reasonable in the first place. All too often they "budget" far more money than is possible and then celebrate the cuts.
- oddlyaromatic 9y agoThis is two different things, not helped by the multiple meanings of the word budget. If the organization makes the budget (i.e. a spending plan) without confirming the funds (or knowing them through, say, a long term understanding), and don't get what they seek, of course that's not somebody else "cutting" their budget. That's just a budget you made up not being agreed to. But this is more about having an expectation of funding at a certain level from whatever source, and knowing that that will be your "budget" (now meaning a spending _limit_), then having that amount come down. You now have a smaller limit.