budget format that identifies what programs will accomplish with the expenditures; includes mission statements and objectives along with performance measures. Compare with program budgeting.
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performance budgeting (Wikipedia)
This article reads like a press release or a news article or is largely based on routine coverage or sensationalism. (April 2009)
Performance-based budgeting is the practice of developing budgets based on the relationship between program funding levels and expected results from that program. The performance-based budgeting process is a tool that program administrators can use to manage more cost-efficient and effective budgeting outlays.