Budget unit means any department, commission, board, institution or other agency of the state organization receiving, expending or disbursing state funds or incurring obligations against the state.
What are the 3 types of budgets?
- Balanced budget.
- Surplus budget.
- Deficit budget.
What are the types budget?
- Master budget. A master budget is an aggregation of lower-level budgets created by the different functional areas in an organization. …
- Operating budget. …
- Cash budget. …
- Financial budget. …
- Labor budget. …
- Static budget.
