Butcher's budget will be unchanged from this season, but some players will leave this summer as he looks to bring new signings in.
The likes of Adam Rooney, Chris Hogg and Stuart Duff are out of contract at the end of the season and Butcher is set to begin talks with his players.
Butcher, whose team take on St Johnstone in the Clydesdale Bank Premier League at McDiarmid Park on Monday night, said: "The chairman has been on record saying that the budget has been frozen as the same, which we knew about. We had a good chat.
"We know what we want to do, it's now a case over the next few days of telling players what we want to do and what their futures are. We are trying to narrow down who we want to keep on because 15 players are out of contract."
Butcher has challenged his players to retain seventh spot in the SPL to give them a boost for next season, which begins on July 23.
"The boys will be eager to get back into it because we will have one or two signings we would like to get in," he said.
"But the boys have been great all season. We want to finish the season on a high. Players are playing for bonuses and pride."
Source: PA
