When does the budget review process begin?

The budget review process formally begins once the program budget review is submitted. This is a critical stage in the budgeting cycle, as it allows for a comprehensive evaluation of proposed allocations and expenditures based on program needs and goals. By initiating the review after submission, it provides the necessary framework for stakeholders to analyze and assess the financial implications, priorities, and effectiveness of different programs.

While the timing of the budget review can be influenced by external factors such as strategic directives or planning phases, it's essential to recognize that the review process itself is contingent upon the actual submission of the budget documentation. This submission acts as the catalyst for discussions, modifications, and approvals necessary to finalize the budget for the upcoming fiscal period.