There are four situations in budget adjustment: first, it is necessary to increase or decrease the total budget expenditure; The second is to transfer to the budget stabilization fund; The third is to reduce the amount of key expenditures arranged in the budget; Fourth, we must increase the amount of debt borrowed.

Budget adjustment means that the central budget approved by the National People's Congress and the budget approved by the local people's congress at the corresponding level need to increase expenditure or reduce income due to special circumstances, so that the total expenditure of the originally approved balanced budget exceeds the total income, or the amount of debt borrowed from the originally approved budget increases.

Budget refers to the overall planning of income, expenditure and cash flow of enterprises in a certain period of time in the future. It expresses various economic activities in the form of money. Each responsibility center has a budget, which is the financial plan of all kinds of resources needed to carry out the tasks of the center and complete the financial objectives.

Budget adjustment is divided into comprehensive adjustment and local adjustment. Comprehensive adjustment refers to the overall change of the budget. This change is caused by the major changes in the country's political and economic situation, which is essentially the reorganization of the national budget. It is generally not easy to adopt without special circumstances. Local adjustment is a local modification of the budget. In the process of budget implementation, in order to adapt to the changes of objective conditions, it often happens that the budget is partially adjusted and the budget balance is reorganized.