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Operational budgets consist of line items.
Each salary, fringe, travel, equipment, and operating cost is identified and costed out. For every functional budget you put together, you should construct a line item budget so you will know how the money will be spent not just what it will buy. These arrangements are more common because funders do want results, but from our perspective you want to avoid them if at all possible. Many budgets also include a category called indirect. Indirect costs are those costs that must be paid to support the project but don't show up on the budget itself.