The Budget Formulation and Execution Line of Business and The MAX Federal Community www.m ax.omb.gov

1. The Budget Formulation and Execution Line of Business and The MAX Federal Community www.max.omb.gov

2. Budget Formulation & Execution LoB Capabilities as Common Solutions Agency Budgeting Tools Budget Execution & FM Integration • Tools to facilitate apportionment, allotment, and sub-allotment decision-making • “Touch-Points” and “Tie-Points” with financial management, apportionment, Treasury FMS • Data exchange requirements with core financial management systems Analytical Tools Budget Performance Integration Collaboration Data Collection & Tracking Document Production Knowledge Management Human Capital (the Federal Budgeting Profession) Program Management (Coordination, Standards, Architecture)

3. Budget Formulation Budget Execution Financial Management Budget Formulation, Execution, and Financial Management - A Complete Cycle Policy Making: Resource Allocation ----------------------------------------------------------- Post-decisional: Accounting, Control, Reporting Policy Making Policy Making Post-decisional Post-decisional

4. Budget Formulation, Execution, and Financial Management - Components Policy Making  Decisional _________________________________________________________________________________________________________________________________________ ------------------------------------------------------------------------------------------------------------------------------------ Post-decisional  After-action ------------------------------------------------------------------------------------------------------------------------------------ Financial Management Budget Execution • Apportionments* • Allotments, Suballot., & Allowances* • Commitments*; Obligations* • Reprogramming* • Funds Control* Budget Formulation • Agency Budget Requests • President’s Budget Request • Legislative Action (Appropriations) • Accounting* • Payments • Asset and Liability Mgmt • Funds Control* • Collections & Receivables • Reporting • Cost Accounting Performance Measurement * Key BFELoB and FMLoB touch points

5. Budget Execution, & Integration with Financial Management • Budget Execution Workgroup - undertaking a broad scope of activity: • Documenting budget execution processes and information flows between agencies & their components, OMB, and Treasury FMS. • Identifying key intersections (touch-points) between budgeting & financial mgmt, and Tie-points between budget & financial reports. • Identifying best practices, and defining tools that facilitate Budget Execution decision-making (e.g. apportionments, allotments). • Improving agency/OMB apportionment data flows, outlay & receipt reporting, best practices for FTE reporting and projection systems. • Compiling information for understanding the USSGL, SF 133 and A-11 P&F and standards for intra-governmental processes. • Defining data & data exchange standards to be incorporated in FSIO core Financial Management systems requirements. • Partnership: Agencies, Treasury FMS, OMB BRD & OFFM, GSA-FSIO.

6. Budget Execution Process Charts

7. Budget Execution Process Charts • Execute Apportionment and Distribute Funds • Execute Continuing Resolution • Execute Recissions, Cancellations and Deferrals • Manage Baseline for Reprogramming • Manage Commitments and Obligations • Perform Reprogrammings and Transfers

8. MAXFederal Community

9. The Budget Community

10. Budget Execution & FM Integration WorkgroupCommunity Page