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Explain Planning Estimate

Planning Estimate (PE): A document employed to record and monitors those present and budget year expenditure adjustments comprising budget change proposals accepted for inclusion in the Governor's Budget. PEs is broken down by department, character, fund kind, Budget Bill or Act appropriation number, and "lines"(that is, expenditure groupings like employee compensate on, price rises, one-time costs). PEs is primarily employed to record the incremental decisions made changes regarding to each base budget, are updated at recurrent intervals, and can be employed for quick planning or "what if" analyses. The PEs identifies all proposed expenditure changes (that is baseline and policy) to the preceding year's Budget Act, and once budget preparation is finished, PEs will tie to all other fiscal description of the proposed Governor's Budget. (The word is sometimes utilized synonymously with the Planning Estimate Line that is one particular expenditure grouping.)

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