diff --git a/app/models/budget.rb b/app/models/budget.rb
new file mode 100644
index 0000000..4e983b5
--- /dev/null
+++ b/app/models/budget.rb
@@ -0,0 +1,8 @@
+# Budget is a meta class that is used to calculate summary data
+# for all the deliverables on a project.  Think of it akin to:
+#  has_many :deliverables
+#  belongs_to :project
+#
+class Budget
+
+end
diff --git a/spec/models/budget_spec.rb b/spec/models/budget_spec.rb
new file mode 100644
index 0000000..4b7a31b
--- /dev/null
+++ b/spec/models/budget_spec.rb
@@ -0,0 +1,7 @@
+require File.dirname(__FILE__) + '/../spec_helper'
+
+describe Budget do
+  it 'should not be an ActiveRecord class' do
+    Budget.should_not be_a_kind_of(ActiveRecord::Base)
+  end
+end