mrrafe Apr 20, 2017:

A budget may be only a draft if for example it must be submitted for negotiations by legislature and executive before becoming a final budget.

Cedric Randolph Apr 19, 2017:

draft budget A budget is always a draft as it is a prediction with certain items that are fixed allocations, plants and equipment, personnel, etc., but if things change then the outlay that was budgeted might go up or down, which is where the annual report comes into play as it is an accounting of what actually happened.

Shabelula Apr 19, 2017:

yes, but why "draft"? budget and balance/financial statement are already clear, draft would mean "provvisorio" (not yet published nor complete)

Fabio Barbieri Apr 19, 2017:

I AGREE I agree.

Cedric Randolph Apr 19, 2017:

yes yes