I think there’ll be a lot of confusion when determining for which time scale the different buckets are.
I was under the impression that we’re only gonna vote for the 2025 budget, but I see also yearly budgets in the posts, but that’s not immediately clear when just looking at the number. Another post seems to have a budget for a few months and then a yearly projection.
Also some treasury withdrawal moments are proposed, but this says nothing about how long that’ll last…
My proposal: after each grand total, add the duration in months in parenthesis; so it’s clear for everyone.
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Thanks for the feedback, we’ll get clarity on that in the spreadsheet. The goal is to show only items that will be proposed, accepted, and allocated to be paid from June until the end of the year.
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Adding durations instead of changing numbers to a certain timeline also gives us more flexibility in the effective needed timeline. We don’t know how easy or difficult this budget thing will go and how many months might be left in 2025.
Ok but that’s not immediately clear from the different forum posts if you just take a quick look at the numbers, so it might still be worth it to add the duration next to it, so people can’t be confused if they don’t know about that.
Thnx and keep ip the good work! 
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Sorry, but I’m not following anymore… On a different post here, @Lorenzo_Bruno1 said in Cardano Research Budget Proposal - #17 by Lorenzo_Bruno1 everything was annual (not literally, but that’s what I conclude from that), so that contradicts what you said…
Some also think that the annual is from Jan 25-Dec 25, but that seems even stranger, how can we vote for funds that have already been spent, what if we don’t approve them.
For now, there’s only confusion about this budget timelines, we need to get that sorted out.
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I was actually thinking that “annual” in the budget context referred to June 2025 to June 2026. Maybe I am missing too, lol.
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@LloydDuhon @Lorenzo_Bruno1 Can you clarify this pls? Thnx.
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Hello @brouwerQ,
I can definitely provide clarification on the comment from the product committee. 
As mentioned in my comment
The largest part of the Research budget is the Academic research sub-bucket. The work related to that is budgeted per research initiatives (and calculated considering the Full Time Employee cost equivalent), and it will be awarded through a tendering process per initiative as soon as the budget becomes available.
In more detail, this means that the committee aims to allocate the funds budgeted to those initiatives in full, and then it’s up to the winner of the tendering process to deliver (allocating more or fewer researchers against that initiative for example). Academic research is aimed at universities, where researchers get funding for a piece of research, which they can then manage.
I would like to cc also @disasm chair of the Product Committee to provide any extra useful context.
I’m sorry but it’s still not clear for me which time period all those numbers in the spreadsheet compromise… In all the budgets meetings, @LloydDuhon said we’re gonna vote for a budget till the end of this year only, but the sheet seems to contain annual budgets. So there’s a discrepancy here…
I had the same feeling about the duration of the budget. I kept asking myself, are these for annual expenses or 6 months expenses and it runs through all the buckets. Clarity on the duration would aid in determining whether we are dealing with over or under budgets.
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Okay, I got my answers on Discord:
- For some buckets/committees the gov action might contain different amounts than the one from the spreadsheet, because the spreadsheet contains an annual budget and the gov action might be for a shorter period (e.g. June-Dec). The exact term would be clearly indicated in the gov action though.
- Some committees are already spending funds now that need to be approved yet (or will be spent before approval of the budget), they pay it now from Intersect reserves and after approval there will be treasury withdrawals to pay back to those reserves. When not approved, well bad luck I guess…
- Some committees might already request funds for 2026 in their 2025 budget to be sure to complete longer tasks started in 2025, those funds will be withdrawn in 2025 though.
- The exact gov actions will be published on the govtool forum 2 weeks before they go on chain, so if anything is still unclear about terms when they’re in their final form, we can still ask to make them clearer.
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Thanks for sharing this.
I don’t think this is how annual budgets work to be honest. A little bit for before, a little bit for the actual budget period (or just half of it), a little bit for after and a little bit just in case Intersect Committee xy will still be doing stuff in 2026, but lets send them the money in 2025 already, so when they request more funds in 2026 it’ll look like everything is just fine?
All of this leads to a lack of transparency, a ton of confusion and no way to compare spending between buckets (or later down the road: over periods), so nobody can really prioritize anything. It will ultimately end in the misuse of funds and everyone who has ever worked for a big company (or even a school) knows this.
But hey, I guess we’ll have to spend the first 300M ADA before Cardano gets it.
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Lol, I pray that’s not exactly how things unfold.
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