The Office of Management and Budget (OMB) in Government Operations
Explore the history, background, budget preparation, roles, and responsibilities of the Office of Management and Budget (OMB) in the United States government. Learn about its significant role in budget formulation, execution, and overseeing federal spending to ensure efficient operations.
Uploaded on | 0 Views
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
The Office of Management The Office of Management Budget (OMB) Budget (OMB) Austin Smythe December 2022
Discussion Outline History Background, Budget & Organization Budget Preparation & Execution Other Roles and Responsibilities Conclusion 2
Office of Management and Budget (OMB) History 1921. Budget and Accounting Act. 1939. Treasury to the White House. 1970. Reorganized to become OMB. 3
Office of Management and Budget (OMB) Background, Budget, & Organization Background Largest of 16 entities comprising the Executive Office of the President Culture of neutral competence Budget = $142 million (80% personnel) Staff = 500 Component Offices Resource Management Offices (RMOs) & Budget Review Division (BRD) 4 Statutory/Management Offices OMB-wide offices 4
OMB Roles & Responsibilities Preparation of the President s Budget Request and execution of the Federal Budget Management Regulatory Review & Statistics Legislative Review 6
Budget Formulation & Execution 7
Overview of Presidents Budget Development OMB and other offices, develop an economic forecast, and prepare a baseline forecast of spending, revenues, deficits and debt. Director has three competing priorities: 1. Funds President s priorities and new initiatives. 2. Meets fiscal goals. 3. Sufficient agency budgets to meet missions. Budget is developed through agency & OMB interactions 8
Fiscal Year 2022 Federal Spending ($ in trillions) Net Interest = $0.4 NDD Disc = $0.967 050 = $0.755 Mandatory = $3.8 11
Presidents Budget Timeline Spring/Summer. Guidance sent to agencies (A-11). September. Agencies submit proposed budgets to OMB. October/November. OMB reviews agency budget submissions. November. OMB passes back to agencies. November/December. OMB resolves agency appeals. December/January. Final decisions, data base is locked, budget & briefing documents finalized. February. President s budget release, briefings, hearings. 12
Agency Submissions of Proposed Budget Spring/Summer. Agencies prepare and proposed budgets. September. Agencies submit budgets to OMB. September/October. OMB staff review submissions. 13
Directors Review, Passback & Agency Appeals OMB career staff develop briefing materials Director s review of agency budgets & OMB staff recommendations RMOs pass back to their agencies proposed levels Agency appeals & resolution OMB-Agency career staff interaction OMB-Agency policy staff resolve outstanding issues If necessary, Agency can appeal to the White House 14
Final Decisions (late December early January) OMB Director briefs President and White House staff Data base is locked Budget documents finalized Government Printing Office (GPO) produces final volumes Preparation of Roll-out materials 15
Presidents Budget: Volumes and Supplementary Information Volumes President s Budget Budget Appendix Analytical Perspectives Historical Tables Major Savings and Reforms Supplementary Information Federal Credit Supplement Object Class Analysis Balances of Budget Authority 16
OMB & Budget Execution Apportionments Agency spending plans and reprogramming Guidance documents (circulars, bulletins, memoranda) 17
Other OMB Functions Management Offices (President s Management Agenda) Office of Federal Financial Management Office of Federal Procurement Policy Information and technology Personnel Program performance Regulatory Review: Office of Information and Regulatory Affairs (OIRA) Legislative Reference Statements of Administration Policy (SAPs) Other 18
Conclusion Extraordinary budget environment Budget process has broken down President s budget is still critically important OMB is a key player in the White House 19
