What is one budget format mentioned in standard practices?

A performance budget is a budgeting format that focuses on the relationship between the funds allocated and the outcomes achieved. It emphasizes the efficiency and effectiveness of government programs or agency services by linking budgeting with specific performance indicators and objectives. This format allows managers and decision-makers to assess whether the resources they are allocating are leading to desired results and can help in resource allocation and policy decisions.

In contrast, other formats, such as a basic budget or standardized budget, may not provide the same level of insight into performance outcomes. The projected growth budget typically focuses on anticipated increases in revenue or expenses over time, rather than on the performance metrics tied to specific budgeted activities and their outcomes. This makes the performance budget particularly relevant in contexts where accountability for results is crucial.