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14 Types of Budget

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A budget is a plan for the financial management of an organization. Budgets are commonly created at multiple levels of an organization to track operations, programs and projects and may overlap. A program budget may track the budget of multiple projects. A firm's master budget and financial budget may track the operating budgets of multiple departments and teams. The following are common types of budget.
Operating Budget
A plan for the day-to-day operating expenses of a business known as opex.
Capital Budget
A plan for capital investment in a business known as capex.
Cash Budget
A plan for the cash flow of a business.
Zero-based Budget
A budget that starts from zero each year with no baseline spending.
Incremental Budget
A budget based on the previous period with small changes.
Contingency Budget
A plan to set aside money for unexpected or highly variable costs.
Flexible Budget
The practice of adjusting a budget based on real world change such as revenue levels.
Fixed Budget
A budget that isn’t changed regardless of what happens.
Project Budget
A cost plan for a one-time initiative of change.
Sales Budget
A forecast of revenue and revenue related expenses.
Overhead Budget
A plan for overhead costs not related to sales or production volumes.
Balanced Budget
A budget where revenues equal expenses. Typically applies to governments.
Master Budget
A comprehensive budget that captures all other budgets developed by an organization.
Financial Budget
The overall plan and forecast for an organization's financial management in a period including opex, capex, cash balances, assets, liabilities, revenue and financing.


This is the complete list of articles we have written about budget.
Budget Control
Budget Estimates
Budget Planning
Budget Variance
Capital Budget
Cash Budget
Fixed Budget
Contingency Budget
Overhead Costs
Static Budget
Flexible Budget
Strategic Budget
More ...
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