What is the difference between a Budget Fund and a Budget Allocation topic?

Budget Fund and Budget Allocation topics are a unique way to gauge what categories of a particular budget are most important to a community - by letting them choose which categories they would "fund" and how much funding they would "allocate" to a budget category.

The differences between a Budget Allocation and Budget Fund topic are listed below:

Budget Fund 

This allows Site Admins to set pre-determined categories and budgets for participants to "fund" (e.g. Bus Rapid Transit, Additional Freeways, Comprehensive Bike Lane System, etc).

Below is an example of what the budget fund topic looks like:

To set-up the Budget Fund, navigate to the Management Dashboard and click "Topics". Then, select Budget Fund as the Topic Type. You will set up the fund criteria. To create this, fill out all fields similar to setting up a regular Idea Submission topic.

To add a "fund category" you will navigate to the front end of the site and select the Budget Fund topic you just created. You'll see the "Add an Idea in this Topic" button which allows you to designate categories and amounts for your budget. Note, in a budget fund, only administrators on the site will see this button and have the option to add categories and fund amounts.

 

Participants will be able to choose from the list of categories and "fund the item". The fund amount will not change.

 

Participants can "fund" as many categories as the pre-determined budget will allow using the "Funds Remaining" box as a reference.  

 

Budget Allocation

An allocation topic allows participants the chance to choose how much they would spend on a budget category. 

To set up the Budget Allocation, navigate to the Management Dashboard and click "Topics". Then, select Budget Allocation as the Topic Type. Fill out all fields similar to setting up a regular Idea Submission topic. 

Once your topic is published, navigate to the front end similar to the Budget Fund. You will see the option to "Add an Idea in this Topic" button. Here admins can create their own budget categories and set an amount. 

Participants will be able to choose which category they want to see funded AND change the allocation amount.

 

Have more questions? Submit a request

0 Comments

Please sign in to leave a comment.
Powered by Zendesk