budget format that identifies what programs will accomplish with the expenditures; includes mission statements and objectives along with performance measures. Compare with program budgeting.

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.

« Back to Glossary Index
Scroll to Top