Cost estimate

The budget is a financial and planning document approved in accordance with the established procedure or duly adopted, which contains relevant articles and amounts of funds spent on the maintenance of state authorities, institutions and organizations; for production activities, capital construction, etc.

The estimate is the main planning document of the budgetary institution. Without it, the spending of budget funds becomes non-targeted. Therefore, drawing up an estimate of a budgetary institution is an important process, during which the norms of the law must be clearly observed, and all expenses and income must be listed.