← Back to catalogue
Published

Budget

vr.wm-eco-012 · wm-eco-012-budget

Represent a governed, versioned resource plan and its authorization, allocation, execution bindings, forecasts and performance context independently of storage, exchange or user interface.

World Models Society, people and institutions SOC.ECO.BDG
Bundle → Layer → Finding → QuestionsClassifiersWhat it isWhy it existsDistinguishing featuresWhat robots and AI may and may not doMoral aspectsOwnersLinks to other meta-modelsIdentity and identifiersDirect propertiesRecognitionCapabilities and actionsHazards and failure modesStandards and interfacesContext of useSources

Bundle → Layer → Finding → Questions Filled

7 bundles · 16 layers · 32 findings · 96 questions

Identity, scope and basis Establishes which governed resource plan exists, who owns it, what it covers and how amounts are interpreted.

Budget identity and owner

Stable identity, purpose, accountable authority and governed coverage.

Budget identity, purpose and owner

Identifies the budget family, immutable revision, purpose, accountable owner, preparer, approver and lifecycle status.

  1. What governed budget assertion is recorded for budget identity, purpose and owner, for which owner, scope, period, currency or unit, recognition basis and revision? identity
  2. Which source, authority, method, assumptions and evidence establish budget identity, purpose and owner, with what quality, uncertainty and limitations? temporal
  3. Which validation, access, approval or change rule governs budget identity, purpose and owner, and how are affected predecessors, successors and external bindings preserved? evidence

Scope, boundary, jurisdiction and participants

Defines covered entity, household, programme, project or portfolio, jurisdiction, consolidation boundary, participants and exclusions.

  1. What governed budget assertion is recorded for scope, boundary, jurisdiction and participants, for which owner, scope, period, currency or unit, recognition basis and revision? relationship
  2. Which source, authority, method, assumptions and evidence establish scope, boundary, jurisdiction and participants, with what quality, uncertainty and limitations? spatial
  3. Which validation, access, approval or change rule governs scope, boundary, jurisdiction and participants, and how are affected predecessors, successors and external bindings preserved? quality

Period, basis and unit

Time horizon, recognition basis, measurement unit and comparison frame.

Planning horizon, financial period and calendar

Separates planning horizon, fiscal year, sub-periods, milestones, cut-off, effective, approval and reporting times.

  1. What governed budget assertion is recorded for planning horizon, financial period and calendar, for which owner, scope, period, currency or unit, recognition basis and revision? temporal
  2. Which source, authority, method, assumptions and evidence establish planning horizon, financial period and calendar, with what quality, uncertainty and limitations? provenance
  3. Which validation, access, approval or change rule governs planning horizon, financial period and calendar, and how are affected predecessors, successors and external bindings preserved? validation

Cash, accrual, commitment, statistical basis and currency

Pins cash, accrual, commitment or statistical recognition basis, currency, price basis, scale, precision, exchange assumptions and reconciliation rules.

  1. What governed budget assertion is recorded for cash, accrual, commitment, statistical basis and currency, for which owner, scope, period, currency or unit, recognition basis and revision? measurement
  2. Which source, authority, method, assumptions and evidence establish cash, accrual, commitment, statistical basis and currency, with what quality, uncertainty and limitations? ownership
  3. Which validation, access, approval or change rule governs cash, accrual, commitment, statistical basis and currency, and how are affected predecessors, successors and external bindings preserved? security
Strategy, priorities and performance Connects resource choices to needs, objectives, programmes, outputs, outcomes and affordable limits.

Objectives, programmes and results

Strategic intent and measurable delivery chain.

Strategic objective, programme, activity and beneficiary

Links each resource purpose to a strategy, programme, activity, service, accountable unit and intended beneficiary without importing their master lifecycles.

  1. What governed budget assertion is recorded for strategic objective, programme, activity and beneficiary, for which owner, scope, period, currency or unit, recognition basis and revision? relationship
  2. Which source, authority, method, assumptions and evidence establish strategic objective, programme, activity and beneficiary, with what quality, uncertainty and limitations? authority
  3. Which validation, access, approval or change rule governs strategic objective, programme, activity and beneficiary, and how are affected predecessors, successors and external bindings preserved? privacy

Outputs, outcomes, indicators and targets

Defines expected deliverables, outcomes, indicators, baselines, targets, measurement periods, owners and evidence sources.

  1. What governed budget assertion is recorded for outputs, outcomes, indicators and targets, for which owner, scope, period, currency or unit, recognition basis and revision? measurement
  2. Which source, authority, method, assumptions and evidence establish outputs, outcomes, indicators and targets, with what quality, uncertainty and limitations? requirement
  3. Which validation, access, approval or change rule governs outputs, outcomes, indicators and targets, and how are affected predecessors, successors and external bindings preserved? retention

Prioritization and resource limits

Decision evidence and affordable spending or resource envelopes.

Needs, options, priority, cost and benefit

Records assessed need, candidate options, scoring criteria, distributional effects, cost, benefit, dependencies, rejected choices and rationale.

  1. What governed budget assertion is recorded for needs, options, priority, cost and benefit, for which owner, scope, period, currency or unit, recognition basis and revision? decision
  2. Which source, authority, method, assumptions and evidence establish needs, options, priority, cost and benefit, with what quality, uncertainty and limitations? constraint
  3. Which validation, access, approval or change rule governs needs, options, priority, cost and benefit, and how are affected predecessors, successors and external bindings preserved? access

Fiscal or resource limits, ceilings and sustainability

Captures top-down limit, medium-term envelope, balance or savings objective, debt or liquidity constraint and sustainability test.

  1. What governed budget assertion is recorded for fiscal or resource limits, ceilings and sustainability, for which owner, scope, period, currency or unit, recognition basis and revision? constraint
  2. Which source, authority, method, assumptions and evidence establish fiscal or resource limits, ceilings and sustainability, with what quality, uncertainty and limitations? process
  3. Which validation, access, approval or change rule governs fiscal or resource limits, ceilings and sustainability, and how are affected predecessors, successors and external bindings preserved? exception
Classifications, estimates and reserves Structures sources and uses of resources, estimates, assumptions, scenarios and controlled buffers.

Revenue and financing

Expected inflows and the financing plan that closes the resource boundary.

Revenue source, classification, estimate and assumptions

Records revenue or income category, source, gross or net treatment, estimation method, drivers, timing, uncertainty and collection-system reference.

  1. What governed budget assertion is recorded for revenue source, classification, estimate and assumptions, for which owner, scope, period, currency or unit, recognition basis and revision? classification
  2. Which source, authority, method, assumptions and evidence establish revenue source, classification, estimate and assumptions, with what quality, uncertainty and limitations? measurement
  3. Which validation, access, approval or change rule governs revenue source, classification, estimate and assumptions, and how are affected predecessors, successors and external bindings preserved? interoperability

Financing, grant, transfer, borrowing and funding source

Separates grants, transfers, reserves, borrowing, owner funding and other financing with conditions, restrictions and external authority references.

  1. What governed budget assertion is recorded for financing, grant, transfer, borrowing and funding source, for which owner, scope, period, currency or unit, recognition basis and revision? composition
  2. Which source, authority, method, assumptions and evidence establish financing, grant, transfer, borrowing and funding source, with what quality, uncertainty and limitations? evidence
  3. Which validation, access, approval or change rule governs financing, grant, transfer, borrowing and funding source, and how are affected predecessors, successors and external bindings preserved? decision

Expenditure and line structure

Classification dimensions and atomic plan lines.

Economic, functional, programme and organizational classification

Pins governed code-list versions and maps each amount across economic, functional, programme, organizational, geographic and funding dimensions.

  1. What governed budget assertion is recorded for economic, functional, programme and organizational classification, for which owner, scope, period, currency or unit, recognition basis and revision? classification
  2. Which source, authority, method, assumptions and evidence establish economic, functional, programme and organizational classification, with what quality, uncertainty and limitations? quality
  3. Which validation, access, approval or change rule governs economic, functional, programme and organizational classification, and how are affected predecessors, successors and external bindings preserved? identity

Budget line item, quantity, unit cost and dimensions

Defines the atomic planned resource line, description, quantity, unit, unit cost, amount, schedule, dimensions, dependencies and permitted aggregation.

  1. What governed budget assertion is recorded for budget line item, quantity, unit cost and dimensions, for which owner, scope, period, currency or unit, recognition basis and revision? composition
  2. Which source, authority, method, assumptions and evidence establish budget line item, quantity, unit cost and dimensions, with what quality, uncertainty and limitations? validation
  3. Which validation, access, approval or change rule governs budget line item, quantity, unit cost and dimensions, and how are affected predecessors, successors and external bindings preserved? definition

Baseline, scenarios and reserves

Estimate drivers, alternatives, uncertainty and exceptional buffers.

Baseline economic and operational assumptions and scenario

Versions price, demand, volume, workforce, exchange, inflation, timing and policy assumptions and links each estimate to baseline and alternative scenarios.

  1. What governed budget assertion is recorded for baseline economic and operational assumptions and scenario, for which owner, scope, period, currency or unit, recognition basis and revision? evidence
  2. Which source, authority, method, assumptions and evidence establish baseline economic and operational assumptions and scenario, with what quality, uncertainty and limitations? security
  3. Which validation, access, approval or change rule governs baseline economic and operational assumptions and scenario, and how are affected predecessors, successors and external bindings preserved? classification

Reserve, contingency, provision and fiscal risk

Distinguishes general reserve, contingency, provision and identified risk exposure with trigger, custodian, access rule and release or lapse treatment.

  1. What governed budget assertion is recorded for reserve, contingency, provision and fiscal risk, for which owner, scope, period, currency or unit, recognition basis and revision? constraint
  2. Which source, authority, method, assumptions and evidence establish reserve, contingency, provision and fiscal risk, with what quality, uncertainty and limitations? privacy
  3. Which validation, access, approval or change rule governs reserve, contingency, provision and fiscal risk, and how are affected predecessors, successors and external bindings preserved? composition
Formulation, review and authorization Governs proposals, challenge, consolidation, approval and publication of the effective resource plan.

Proposal, negotiation and consolidation

Versioned submissions, review findings and resource tradeoffs.

Proposal version, submission calendar and responsibility

Records proposal revision, author, submitting unit, calendar milestone, requested amount, supporting case, completeness and workflow status.

  1. What governed budget assertion is recorded for proposal version, submission calendar and responsibility, for which owner, scope, period, currency or unit, recognition basis and revision? lifecycle
  2. Which source, authority, method, assumptions and evidence establish proposal version, submission calendar and responsibility, with what quality, uncertainty and limitations? retention
  3. Which validation, access, approval or change rule governs proposal version, submission calendar and responsibility, and how are affected predecessors, successors and external bindings preserved? relationship

Challenge, review, negotiation, consolidation and tradeoff

Preserves reviewer questions, answers, scenario changes, tradeoffs, duplicate or dependency checks, decisions and consolidation lineage.

  1. What governed budget assertion is recorded for challenge, review, negotiation, consolidation and tradeoff, for which owner, scope, period, currency or unit, recognition basis and revision? process
  2. Which source, authority, method, assumptions and evidence establish challenge, review, negotiation, consolidation and tradeoff, with what quality, uncertainty and limitations? access
  3. Which validation, access, approval or change rule governs challenge, review, negotiation, consolidation and tradeoff, and how are affected predecessors, successors and external bindings preserved? state

Approval and publication

Legal or delegated authorization and accountable communication.

Authorization, appropriation, conditions and effective version

Records approving authority, mandate, decision, appropriation or equivalent limit, conditions, effective period, signatures and immutable approved revision.

  1. What governed budget assertion is recorded for authorization, appropriation, conditions and effective version, for which owner, scope, period, currency or unit, recognition basis and revision? authority
  2. Which source, authority, method, assumptions and evidence establish authorization, appropriation, conditions and effective version, with what quality, uncertainty and limitations? exception
  3. Which validation, access, approval or change rule governs authorization, appropriation, conditions and effective version, and how are affected predecessors, successors and external bindings preserved? lifecycle

Transparency, participation, explanation and publication

Captures consultation, comments, response, accessible explanation, publication package, redactions, release time and public-sector profile obligations.

  1. What governed budget assertion is recorded for transparency, participation, explanation and publication, for which owner, scope, period, currency or unit, recognition basis and revision? access
  2. Which source, authority, method, assumptions and evidence establish transparency, participation, explanation and publication, with what quality, uncertainty and limitations? interoperability
  3. Which validation, access, approval or change rule governs transparency, participation, explanation and publication, and how are affected predecessors, successors and external bindings preserved? temporal
Allocation and execution bindings Controls availability while referencing commitments, obligations, actuals and payments held by execution systems.

Envelopes, allotments and funding

Controlled distribution and release of authorized capacity.

Ceiling, envelope, allocation, allotment and availability

Separates top-down ceiling, authorized envelope, distributed allocation, time-phased allotment, reservation and currently available amount.

  1. What governed budget assertion is recorded for ceiling, envelope, allocation, allotment and availability, for which owner, scope, period, currency or unit, recognition basis and revision? state
  2. Which source, authority, method, assumptions and evidence establish ceiling, envelope, allocation, allotment and availability, with what quality, uncertainty and limitations? decision
  3. Which validation, access, approval or change rule governs ceiling, envelope, allocation, allotment and availability, and how are affected predecessors, successors and external bindings preserved? spatial

Funding source, earmark, restriction and release

Associates funding, donor or revenue source, earmarks, eligibility, matching conditions, release gates, expiry and responsible authority.

  1. What governed budget assertion is recorded for funding source, earmark, restriction and release, for which owner, scope, period, currency or unit, recognition basis and revision? constraint
  2. Which source, authority, method, assumptions and evidence establish funding source, earmark, restriction and release, with what quality, uncertainty and limitations? identity
  3. Which validation, access, approval or change rule governs funding source, earmark, restriction and release, and how are affected predecessors, successors and external bindings preserved? provenance

Commitment, actual and cash bindings

Typed references to execution records and reconciled state.

Commitment, obligation, encumbrance and contract reference

Binds reservations, commitments, obligations, purchase orders or contracts by authoritative external identifier, amount, currency, recognition basis, time and reconciliation status.

  1. What governed budget assertion is recorded for commitment, obligation, encumbrance and contract reference, for which owner, scope, period, currency or unit, recognition basis and revision? relationship
  2. Which source, authority, method, assumptions and evidence establish commitment, obligation, encumbrance and contract reference, with what quality, uncertainty and limitations? definition
  3. Which validation, access, approval or change rule governs commitment, obligation, encumbrance and contract reference, and how are affected predecessors, successors and external bindings preserved? ownership

Actual, ledger, invoice, payment and cash reference

Binds recognized actuals, ledger postings, invoices, settlements and cash events while preserving their external mastership and adjustment lineage.

  1. What governed budget assertion is recorded for actual, ledger, invoice, payment and cash reference, for which owner, scope, period, currency or unit, recognition basis and revision? relationship
  2. Which source, authority, method, assumptions and evidence establish actual, ledger, invoice, payment and cash reference, with what quality, uncertainty and limitations? classification
  3. Which validation, access, approval or change rule governs actual, ledger, invoice, payment and cash reference, and how are affected predecessors, successors and external bindings preserved? authority
Forecast, change and performance Handles authorized changes, forward estimates, risks, variances and delivery consequences.

Transfers, amendments and carryover

Controlled movement, addition, lapse and continuation of authority.

Transfer, reallocation, supplementary budget and amendment

Records change type, source and destination, amount, authority, reason, constraints, approvals, effective time and predecessor or successor revision.

  1. What governed budget assertion is recorded for transfer, reallocation, supplementary budget and amendment, for which owner, scope, period, currency or unit, recognition basis and revision? lifecycle
  2. Which source, authority, method, assumptions and evidence establish transfer, reallocation, supplementary budget and amendment, with what quality, uncertainty and limitations? composition
  3. Which validation, access, approval or change rule governs transfer, reallocation, supplementary budget and amendment, and how are affected predecessors, successors and external bindings preserved? requirement

Carryover, lapse, release, freeze and cancellation

Governs unused authority across periods, expiry, decommitment, freeze, release, cancellation, affected availability and audit evidence.

  1. What governed budget assertion is recorded for carryover, lapse, release, freeze and cancellation, for which owner, scope, period, currency or unit, recognition basis and revision? lifecycle
  2. Which source, authority, method, assumptions and evidence establish carryover, lapse, release, freeze and cancellation, with what quality, uncertainty and limitations? relationship
  3. Which validation, access, approval or change rule governs carryover, lapse, release, freeze and cancellation, and how are affected predecessors, successors and external bindings preserved? constraint

Forecasting and risk

Expected completion, liquidity and uncertainty views.

Forecast to complete, cash flow and capacity

Versions estimate-at-completion, remaining need, time-phased cash forecast, delivery capacity, dependencies and confidence separately from approved budget.

  1. What governed budget assertion is recorded for forecast to complete, cash flow and capacity, for which owner, scope, period, currency or unit, recognition basis and revision? state
  2. Which source, authority, method, assumptions and evidence establish forecast to complete, cash flow and capacity, with what quality, uncertainty and limitations? state
  3. Which validation, access, approval or change rule governs forecast to complete, cash flow and capacity, and how are affected predecessors, successors and external bindings preserved? process

Scenario, sensitivity, contingent exposure and mitigation

Quantifies alternative cases, key sensitivities, contingent exposures, probability or ranges, triggers, mitigations, owners and residual risk.

  1. What governed budget assertion is recorded for scenario, sensitivity, contingent exposure and mitigation, for which owner, scope, period, currency or unit, recognition basis and revision? quality
  2. Which source, authority, method, assumptions and evidence establish scenario, sensitivity, contingent exposure and mitigation, with what quality, uncertainty and limitations? lifecycle
  3. Which validation, access, approval or change rule governs scenario, sensitivity, contingent exposure and mitigation, and how are affected predecessors, successors and external bindings preserved? measurement

Variance and performance

Reconciliation from authority and resources to delivery evidence.

Plan, forecast, commitment, actual and cash variance

Calculates amount, timing, volume, rate, scope and classification variances across separately based states with thresholds and explanations.

  1. What governed budget assertion is recorded for plan, forecast, commitment, actual and cash variance, for which owner, scope, period, currency or unit, recognition basis and revision? measurement
  2. Which source, authority, method, assumptions and evidence establish plan, forecast, commitment, actual and cash variance, with what quality, uncertainty and limitations? temporal
  3. Which validation, access, approval or change rule governs plan, forecast, commitment, actual and cash variance, and how are affected predecessors, successors and external bindings preserved? evidence

Output, outcome, value for money and corrective action

Compares resource use with outputs and outcomes, assesses economy, efficiency and effectiveness, and records accountable corrective action without inferring causality from spending alone.

  1. What governed budget assertion is recorded for output, outcome, value for money and corrective action, for which owner, scope, period, currency or unit, recognition basis and revision? quality
  2. Which source, authority, method, assumptions and evidence establish output, outcome, value for money and corrective action, with what quality, uncertainty and limitations? spatial
  3. Which validation, access, approval or change rule governs output, outcome, value for money and corrective action, and how are affected predecessors, successors and external bindings preserved? quality
Control, reporting and interoperability Governs permissions, evidence, reconciliation, disclosure and mappings to accounting, statistical and assessment frameworks.

Controls, access and audit

Segregated duties, approvals, exceptions and preserved evidence.

Segregation of duties, approval control and exception

Defines roles, delegated limits, maker-checker separation, validation gates, overrides, emergency access, exception expiry and independent review.

  1. What governed budget assertion is recorded for segregation of duties, approval control and exception, for which owner, scope, period, currency or unit, recognition basis and revision? security
  2. Which source, authority, method, assumptions and evidence establish segregation of duties, approval control and exception, with what quality, uncertainty and limitations? provenance
  3. Which validation, access, approval or change rule governs segregation of duties, approval control and exception, and how are affected predecessors, successors and external bindings preserved? validation

Reconciliation, audit evidence, retention and legal hold

Preserves source snapshots, reconciliations, decisions, signatures, versions, access log, retention schedule, holds, tombstones and non-cascading external references.

  1. What governed budget assertion is recorded for reconciliation, audit evidence, retention and legal hold, for which owner, scope, period, currency or unit, recognition basis and revision? retention
  2. Which source, authority, method, assumptions and evidence establish reconciliation, audit evidence, retention and legal hold, with what quality, uncertainty and limitations? ownership
  3. Which validation, access, approval or change rule governs reconciliation, audit evidence, retention and legal hold, and how are affected predecessors, successors and external bindings preserved? security

Reporting and federation

Controlled projections, public explanation and standards mappings.

Budget execution report, transparency, participation and explanation

Issues period, forecast, variance, performance and public-transparency projections with scope, basis, status, revision, accessibility, redaction and source links.

  1. What governed budget assertion is recorded for budget execution report, transparency, participation and explanation, for which owner, scope, period, currency or unit, recognition basis and revision? interoperability
  2. Which source, authority, method, assumptions and evidence establish budget execution report, transparency, participation and explanation, with what quality, uncertainty and limitations? authority
  3. Which validation, access, approval or change rule governs budget execution report, transparency, participation and explanation, and how are affected predecessors, successors and external bindings preserved? privacy

Cash, accrual, GFSM, IPSAS, PEFA and OECD crosswalk and loss

Pins source and target versions, maps classifications and recognition bases, validates exports and declares exclusions, transformations and non-round-trippable meaning.

  1. What governed budget assertion is recorded for cash, accrual, gfsm, ipsas, pefa and oecd crosswalk and loss, for which owner, scope, period, currency or unit, recognition basis and revision? interoperability
  2. Which source, authority, method, assumptions and evidence establish cash, accrual, gfsm, ipsas, pefa and oecd crosswalk and loss, with what quality, uncertainty and limitations? requirement
  3. Which validation, access, approval or change rule governs cash, accrual, gfsm, ipsas, pefa and oecd crosswalk and loss, and how are affected predecessors, successors and external bindings preserved? retention

Classifiers Filled

Family
World Models
Category
Society, people and institutions
Entry kind
aggregate
Navigation path
NAV.SOC.ECO.BDG
Domain
SOC.ECO.BDG
Industry
Cross-industry
Tags
budgetsoc.eco.bdg

What it is Filled

Owns budget identity, owner, boundary, period, basis, strategy, classifications, assumptions, scenarios, ceilings, funding, line estimates, proposals, review, authorization, allocations, availability, amendments, forecasts, variances, performance, controls, reports and standards projections while referencing actual transactions and neighboring master systems.

In scope

  • Personal, project, organizational and public-sector budget profiles sharing a governed core
  • Objectives, programmes, estimates, classifications, ceilings, funding sources, proposals, authorization, allocation, availability, forecasts, amendments, variance, performance, risk and reports
  • Typed execution-system bindings, provenance, access, retention, audit, public transparency and standards crosswalks

Out of scope

  • Ledger entry, transaction, commitment, obligation, contract, procurement, invoice, payment, revenue collection, cash account, asset, liability, debt or currency master lifecycles
  • Organization, person, programme, project, product, service, workforce, facility, classification, evidence, document and party master lifecycles
  • Universal tax, accounting, fiscal, appropriation, procurement, disclosure, cost-allocation or jurisdiction-specific authorization rules

Why it exists Filled

Represent a governed, versioned resource plan and its authorization, allocation, execution bindings, forecasts and performance context independently of storage, exchange or user interface.

Distinguishing features Filled

  • A forward-looking plan and authorization of resources, distinct from the ledger of actual transactions.
  • Passes through proposal, review and authorization; each version keeps its status.
  • Commitments and actuals are referenced for availability and variance, not owned.
  • Differs from a forecast, which estimates outcomes without granting authority to spend.

What robots and AI may and may not do Filled

Must not

  • Authorize, reallocate or amend a budget.
  • Commit funds beyond the available balance.
  • Reclassify spending to hide overruns.
  • Change an authorized version instead of recording an amendment.
  • Publish draft public budgets before the authorized release.

Only with a human decision

  • Budget authorization and appropriation.
  • Transfers between lines beyond delegated limits.
  • Cuts affecting staff or public services.

May

  • Draft budget proposals and line estimates with stated assumptions.
  • Report availability, variances and forecasts against the authorized budget.
  • Flag commitments that would exceed ceilings.
  • Prepare scenarios for decision makers.

Moral aspects Filled

  • Budget choices decide who receives services and who bears cuts.
  • Public budgets carry duties of transparency towards citizens.
  • Hidden assumptions can make a budget look balanced when it is not.

Who is affected

  • Staff and programmes funded by the budget
  • Citizens or customers who rely on funded services
  • Funders, legislatures and boards

Owners Filled

Steward

Declare the Dimension owner, budget owner, finance authority, programme owners, execution-system custodians, reviewers and disclosure authority.

Roles

Dimension owner
Own namespace, mastership, delegation, access, retention and federation rules.
Budget owner
Own purpose, scope, objectives, estimates, delivery accountability and change proposals.
Finance authority
Own basis, classifications, ceilings, consolidation, authorization controls and reconciliation policy.
Programme or cost owner
Prepare resource needs, assumptions, outputs, outcomes, forecasts and explanations.
Execution-system custodian
Maintain authoritative commitment, obligation, ledger, invoice, payment and cash records.
Reviewer or auditor
Review estimates, controls, evidence, changes, mappings and conflicts without rewriting originals.
Disclosure and participation authority
Approve recipients, public projections, consultation, redaction, confidentiality and publication timing.

Links to other meta-models Filled

references

  • Accounting, Ledger and Financial Statement models - Reconciles recognized actuals and reports without importing accounting mastership.
  • Transaction, Contract, Procurement, Invoice and Payment models - Binds execution events by authoritative identifier, basis, amount and period.
  • Organization, Programme, Project and Performance models - Connects resource allocations to accountable structures, work and results.
  • Currency, Classification, Calendar and Evidence models - Resolves shared code lists, time systems and source artifacts while retaining their authority and version.

aligned

  • OECD Budgetary Governance and GIFT Principles - Supports governance, transparency and participation profiles without claiming conformance from structure alone.
  • GFSM 2014, IPSAS and PEFA 2016 - Supports statistical, accounting and public-financial-management projections with pinned versions and declared loss.
  • Regulation (EU, Euratom) 2024/2509 - Provides an optional EU institutional authorization and implementation profile.

neighbor

  • Accounting, Ledger and Financial Statement - The budget owns plans, authority and mapped execution snapshots; the accounting system owns recognition, posting, adjustment, close and statements.
  • Transaction, Commitment, Contract, Procurement, Invoice and Payment - These systems own legal and economic events; the budget stores typed references and reconciled amounts without becoming their master.
  • Revenue, Grant, Transfer, Debt, Asset and Liability - Budget estimates and funding classifications reference external sources, positions and instruments, which retain their own identity and lifecycle.
  • Organization, Programme, Project and Performance - The budget binds objectives, activities, owners, beneficiaries and indicators but does not own their structure, delivery events or evidence lifecycle.
  • Currency, Classification and Calendar - Currency codes, exchange observations, classification code lists and calendars are external masters pinned by authority and version.
  • Policy, Law, Decision, Evidence and Publication - Authorization, assumptions, decision records, evidence packages and released documents are referenced artifacts; none substitutes for the logical budget revision.

What else AI and robots need to interact with it Filled

Identity and identifiers required Filled

  • Authoritative budget master-system identifier and immutable revision identifier.
  • Governed globally resolvable budget or authorization IRI.
  • Adopting-Dimension UUID or ULID when no authoritative external identifier exists.

Direct properties not applicable Not applicable

Not applicable

Institutional or informational subject: no invented physical properties.

Recognition optional Filled

  • A budget has an owner, a period, a boundary, a status such as proposed or authorized, and lines by classification.
  • It is confused with a forecast, a financial statement and a cost estimate.

Capabilities and actions required Filled

  • Register budget: Create a governed budget identity, boundary, owner, purpose, basis, period and initial revision.
  • Define budget structure: Pin classifications, programmes, funding sources, line dimensions, assumptions and aggregation rules.
  • Propose budget: Submit versioned resource requests with needs, options, estimates, results and evidence.
  • Set ceiling or envelope: Set top-down resource limits and distribute conditional envelopes.
  • Review and consolidate proposal: Challenge estimates, reconcile dependencies and consolidate alternatives with retained decisions.
  • Authorize budget: Approve an immutable effective version with conditions and legal or delegated authority.
  • Allocate and release funds: Distribute authorized envelopes, time-phase allotments and release availability under restrictions.
  • Bind commitment, actual or payment reference: Attach authoritative execution-system references without importing ledger, procurement or payment lifecycle.
  • Amend, transfer or carry forward: Create an authorized successor for reallocation, supplementary provision, carryover, lapse, freeze or cancellation.
  • Reforecast budget: Version expected completion, cash need, capacity and scenario outcomes separately from approved amounts.
  • Assess variance, performance and risk: Compare budget states and delivery evidence, explain differences and register corrective action.
  • Issue budget report or export: Publish a controlled projection or standards mapping with validation, redaction and loss declaration.

Hazards and failure modes required Filled

  • Overspending through commitments not checked against availability.
  • Misleading reports from mixing versions or bases.
  • Service cuts caused by planning errors.

Standards and interfaces required Filled

  • IMF Government Finance Statistics Manual 2014 classification.
  • UN COFOG classification of the functions of government.
  • IPSAS 24 presentation of budget information.
  • Open Fiscal Data Package.

Context of use required Filled

  • Regulation (EU, Euratom) 2024/2509 defines an EU institutional profile, not universal budget law.
  • IPSAS 24 and GFSM provide public-sector accounting and statistical mappings, not a personal or private-company authorization regime.
  • PEFA, OECD and GIFT are governance and assessment references; structural coverage alone does not assert institutional conformance.

Sources Filled

  1. Recommendation of the Council on Budgetary Governance - Organisation for Economic Co-operation and Development
  2. Fiscal Transparency Code - International Monetary Fund
  3. Government Finance Statistics Manual 2014 - International Monetary Fund
  4. PEFA 2016 Framework - Public Expenditure and Financial Accountability
  5. 2025 Handbook of International Public Sector Accounting Pronouncements - International Public Sector Accounting Standards Board
  6. High-Level Principles on Fiscal Transparency, Participation and Accountability - Global Initiative for Fiscal Transparency
  7. Regulation (EU, Euratom) 2024/2509 on the financial rules applicable to the general budget of the Union - European Union
  8. PROV-O: The PROV Ontology - World Wide Web Consortium
  9. RFC 3339: Date and Time on the Internet: Timestamps - Internet Engineering Task Force

Open questions

  • Validate the base against personal, household, project, private-company, nonprofit, government and supranational budget profiles.
  • Create jurisdiction-specific authorization, appropriation, transfer, carryover, procurement, reporting, audit and retention recipes.
  • Develop deterministic validation fixtures for balance, ceilings, classifications, time phasing, availability, amendments, forecasts, variances and basis reconciliation.
  • Approve sibling model identifiers and relation cardinalities for organizations, programmes, projects, accounts, funding sources, contracts, invoices, payments, currencies, evidence and authorities.
  • Jurisdiction-specific appropriation law, public-procurement controls, tax treatment, accounting charts, fiscal rules and disclosure thresholds require pinned profiles.
  • Ledger, commitment, contract, procurement, invoice, payment, revenue collection, asset, debt, programme, project, organization, currency and evidence lifecycles remain in neighboring masters.
  • Certified crosswalk tables, local chart-of-accounts mappings, automated consolidation eliminations and sector-specific cost models remain future work.

Machine files

Card as JSON Specification AGENTS.md Source Card backlog vercy.card/1

Provenance

world-models research · reviewable-draft

Built from: models/wm-eco-012-budget/spec.yaml, ver-cy/world-models/card-supplements/wm-eco-012-budget.json