Conditional Formatting to apply color to a cell with value after comparison

I would like to automatically apply color to a cell based on its value, as compared to another cell. I have a budget target in a comparison cell, and have a the budget actuals in the cell that needs to be colored in either red or green depending on it being above or under/on budget. Is that possible? I tried entering formulas into condition field - didn't work. Thank you!

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