Fill out all applicable white boxes. Blue boxes contain instructions.After making modifications to a budget or invoice template, update the "Template Version" date to the date the modifications were completed. This UC Learning Center course covers budgeting components and principles and how these lead to the development of a final proposal budget. What is a construction proposal? What to include in a construction proposal. Prepare one set of forms for each proposed funding year as well as a cumulative budget summary if applicable. A budget is a financial proposal that reflects the work proposed. Ready to create a comprehensive budget proposal? With a user-friendly, efficient budget proposal template, you can complete your formal document in minutes.