Plan Budget Forecast Explanation

This article explains the columns in the Plan Budget Forecast.

PRODA Plan Budget Forecast Table

PACE Plan Budget Forecast Table

The first column is the name of the support category which that line relates to.

Budget Amount is the total amount for the budget category.

Funding Period Budget Amount is the total amount for the funding component for the active Funding Period.  Where there no active Funding Periods, it will display the last inactive Funding Period.

Where a Funding Component exists, the following forecast calculations will consider the start and end date of the Funding Component.

Average Daily Spend is the total amount spent divided by the amount of days between the service contract's start date and the current date (or the service contract end date if that comes sooner).

Contract Start Date is the value recorded in the service contract's 'start date' field.

Contract End Date is the value recorded in the service contract's 'end date' field.

Budget at Contract End Date is the amount of funding which will be left in that budget category when the service contract's end date is reached, if the average rate of spending is continued.

Forecasted Budget Consumption Date is the date the funding will be exhausted for that budget category, if the average rate of spending is continued.

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