Budget Target
Literature Review on Budgeting: Target-Based
In the Encyclopedia of Public Administration and Public Policy, [1] B.J. Reed offers the following summary about the topic of Target-Based Budgeting: Target-based budgeting (TBB) has become an increasingly common approach to the budgeting, particularly for local governments. It is a method of budgeting that identifies overall expenditures for an agency or unit based on the estimated revenue available to the government. It allows control to be imposed at the executive or legislative levels while allowing decentralization and flexibility at lower levels of the organization. Target-based budgeting is particularly useful when state and local governments have needs to control spending but also face turbulent and unpredictable demands for services.
Resources
Notes and References
- Entry about Budgeting: Target-Based in the Encyclopedia of Public Administration and Public Policy (2015, Routledge, Oxford, United Kingdom)
See Also
Further Reading
- Global Encyclopedia of Public Administration, Public Policy, and Governance (2018, Springer International Publishing, Germany)
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