diff --git a/litellm/proxy/_types.py b/litellm/proxy/_types.py
index 175f801dac1..e4b28001d57 100644
--- a/litellm/proxy/_types.py
+++ b/litellm/proxy/_types.py
@@ -324,6 +324,21 @@ class TeamRequest(LiteLLMBase):
     teams: List[str]
 
 
+class LiteLLM_BudgetTable(LiteLLMBase):
+    """Represents user-controllable params for a LiteLLM_BudgetTable record"""
+
+    max_budget: Optional[float] = None
+    soft_budget: Optional[float] = None
+    max_parallel_requests: Optional[int] = None
+    tpm_limit: Optional[int] = None
+    rpm_limit: Optional[int] = None
+    model_max_budget: dict
+    budget_duration: Optional[str] = None
+    budget_reset_at: Optional[datetime] = None
+    created_by: str
+    updated_by: str
+
+
 class KeyManagementSystem(enum.Enum):
     GOOGLE_KMS = "google_kms"
     AZURE_KEY_VAULT = "azure_key_vault"
diff --git a/litellm/proxy/proxy_server.py b/litellm/proxy/proxy_server.py
index 17db8c3ab4f..37b28baeafa 100644
--- a/litellm/proxy/proxy_server.py
+++ b/litellm/proxy/proxy_server.py
@@ -1869,6 +1869,19 @@ async def generate_key_helper_fn(
     rpm_limit = rpm_limit
     allowed_cache_controls = allowed_cache_controls
 
+    # TODO: @ishaan-jaff: Migrate all budget tracking to use LiteLLM_BudgetTable
+    if prisma_client is not None:
+        # create the Budget Row for the LiteLLM Verification Token
+        budget_row = LiteLLM_BudgetTable(
+            soft_budget=50,
+            model_max_budget=model_max_budget or {},
+            created_by=user_id,
+            updated_by=user_id,
+        )
+        new_budget = prisma_client.jsonify_object(budget_row.json(exclude_none=True))
+        _budget = await prisma_client.db.litellm_budgettable.create(data={**new_budget})  # type: ignore
+        _budget_id = getattr(_budget, "id", None)
+
     try:
         # Create a new verification token (you may want to enhance this logic based on your needs)
         user_data = {
@@ -1906,6 +1919,7 @@ async def generate_key_helper_fn(
             "allowed_cache_controls": allowed_cache_controls,
             "permissions": permissions_json,
             "model_max_budget": model_max_budget_json,
+            "budget_id": _budget_id,
         }
         if (
             general_settings.get("allow_user_auth", False) == True