Program and Budget schedules will state __ year costs.

Program and Budget schedules will state __ year costs.

• A. Next-year
• B. Then-year
• C. Future-year
• D. Current-year

Answer: (B)

In this budgeting framework, program and budget documents organize costs across three planning years: the current year, the next year, and the then-year. Then-year costs are the funds needed in the year after the next year—two years out from the current year. This labeling keeps long-range funding visible, helping managers gauge affordability and plan adjustments before the year actually arrives. The other time frames are simply the current year (the year in execution) and the next year (the year immediately following). Future-year isn’t the official label used on these schedules.

In this budgeting framework, program and budget documents organize costs across three planning years: the current year, the next year, and the then-year. Then-year costs are the funds needed in the year after the next year—two years out from the current year. This labeling keeps long-range funding visible, helping managers gauge affordability and plan adjustments before the year actually arrives. The other time frames are simply the current year (the year in execution) and the next year (the year immediately following). Future-year isn’t the official label used on these schedules.