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Who makes the budget and who approves it?

The president submits his budget proposal to Congress early the next year. Then Congress, which the Constitution puts in charge of spending and borrowing, starts its work.

What is budget approval process?

Budget approval is a critical financial management process that enables businesses to spend money wisely and stay within expense boundaries. Expected sales, seasonal fluctuations, market trends, and business goals are some of the points on which budget planning is done.

How do you write an email for the approval of a budget?

We request you to please approve the budget and release the funds in order for us to proceed with the finalisation of the venue. We will also be required to pay some advance to the event management company to finalise them.

How do you write a budget request email?

Know Who Will Read the Request Letter. Before you write the budget request, it's essential for you to know and understand the person who will read this letter. ... Explain the Background for Your Project. ... Explain the Purpose or Goal of the Request. ... Include a Budget. ... Summarize the Request.

Who is responsible for budget approval?

The completed budgets are presented by the managers to their Executive Officers for review and approval. Justification of the budget request may be required in writing. In most cases, the manager talks with their administrative officers about budget requirements.

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