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Budgets

Feature Overview

Take control of your cloud costs by setting budgets for teams, projects, or any combination of resources. SELECT tracks your spend and uses forecasting to predict whether you'll stay within budget—so you can take action before overruns happen.

Setting a Budget

To create a new budget, navigate to the Budgets page from the sidebar and click Create Budget. The configuration form guides you through:

  1. Define Scope: Choose organization-wide or team-owned, and optionally add filters for specific warehouses, databases, users, roles, or query metadata (dbt, Looker, Fivetran).
Budget Name + Scope

2. Set Amount & Period: Enter the budget amount and select a schedule (weekly, monthly, quarterly, yearly, or custom)

Budget Frequency + Period

3. Set Expiration (optional): Configure when the budget should stop tracking

Budget Expiration

As you configure your budget, a real-time preview shows historical spend and forecast projections.

Configure Tab

Budget Periods

Budgets support flexible scheduling

  • Fixed Range: Single period with explicit start and end dates
  • Weekly / Monthly / Quarterly / Yearly: Resets automatically on the chosen cadence
  • Custom: Custom repeat interval (e.g., every 2 weeks)

Monitoring Budgets

Budget Status

Each budget displays a status based on forecasted spend:

  • On Track: Forecasted spend is within budget
  • At Risk: Forecasted spend is within 5% of the budget
  • Overspending: Forecasted spend exceeds the budget by 5% or more
  • Expired: The budget period has ended

Overview Dashboard

The Budgets page shows summary statistics at the top:

  • Total active budgets
  • Number of budgets overspending or at risk
  • Budgets expiring soon

Use the Grid View for visual cards with spend charts, or Table View for a sortable list with detailed columns.

Grid View
Table View

Checking Individual Budgets

Click any budget to see its detail page with:

  • Spend chart showing actual vs. budgeted spend with forecast
  • Current period dates and progress percentage
  • Budget configuration and filters
Budget Overview Tab

Upcoming Improvements

  • Budget monitors and alerts
  • Support viewing previous budget periods

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