diff --git a/terraform/azure/budget-alerts.tf b/terraform/azure/budget-alerts.tf
index 458e2e863a..948b1dc0c6 100644
--- a/terraform/azure/budget-alerts.tf
+++ b/terraform/azure/budget-alerts.tf
@@ -1,6 +1,7 @@
-resource "azurerm_consumption_budget_resource_group" "budget" {
-  name              = "BudgetResourceGroup"
-  resource_group_id = azurerm_resource_group.jupyterhub.id
+data "azurerm_subscription" "current" {}
+resource "azurerm_consumption_budget_subscription" "budget" {
+  name            = "BudgetSubscription"
+  subscription_id = data.azurerm_subscription.current.id
 
   amount     = var.budget_alert_amount
   time_grain = "Monthly"
diff --git a/terraform/azure/projects/pchub.tfvars b/terraform/azure/projects/pchub.tfvars
index 74128ea63e..70e4d0ab6e 100644
--- a/terraform/azure/projects/pchub.tfvars
+++ b/terraform/azure/projects/pchub.tfvars
@@ -23,8 +23,8 @@ global_storage_account_name    = "2i2cpchub"
 location                       = "westeurope"
 
 budget_alert_enabled = true
-# This is the average of total costs for Jun 2024 +20% in USD
-budget_alert_amount = "600"
+# This is approximate total cost for Jun 2024 in USD
+budget_alert_amount = "500"
 
 storage_size = 100
 ssh_pub_key  = "ssh-rsa AAAAB3NzaC1yc2EAAAADAQABAAABgQDEswiqOZ3cdu+OaT1K3ay8brlnnoHIpDyKNfLGeRAFQ4ZP+1OD82CIwrUiU4GhmiKTyyN9DWuKKhbEjMIrAKnoybQZBk/x21sHLyrqit1wq/X+f7/SKqDTFQGFYO5cERl/MwMRIp5WHEcLXi6WnaRczCQxOW6J36V5/frynz2Qq/3XwhQnkW9401HYt9H4Ur6JTZC0G0hMVklIT+gGsIml6Qu2O8+iuA2saGn3SCmTs7WBxVsEQTFt1w6JoJi4ohi7RtlT9QDSx4J+cawBNqzAK+gkozj2lN5Yiq7gtPJMe8sdLqmg9vSPCuAMMZeP+DhEGbre7Y+MMplSJrqkeT61WeCl39ffqwievGFkdTxzCiqX9TKSR2SS98W6jpCYrSkA1ymzn+HUADfyszU7sn6/F9I2w8oUbuFfMKDD4XfgkdK7Jqew7YJ4CDK2f4D94MWAmFicVKsYXPautnk+d3JqXarUN7k8bF9On2N8xZln0Zsui/Pmj1jQsnm0KXZOb9k= yuvipanda@instantaneous-authenticity.local"