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The Federal Budget Outlook and NSF

The Federal Budget Outlook and NSF . CAREER Awardee Meeting MPS Division of Materials Research June 17, 2013. Presented by Beth Blue National Science Foundation Office of Budget, Finance, and Award Management Budget Division/Program Analysis Branch. Today’s Topics.

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The Federal Budget Outlook and NSF

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  1. The Federal Budget Outlook and NSF • CAREER Awardee Meeting • MPS Division of Materials Research • June 17, 2013 Presented by Beth Blue National Science Foundation Office of Budget, Finance, and Award Management Budget Division/Program Analysis Branch

  2. Today’s Topics • NSF Budget and Planning • The Federal Budget Process • The Outlook for FY 2014 and Beyond

  3. What is the Budget andWhy is it Important? • The President’s Budget (“the Request”) is a statement of Administration policy and the resources needed to achieve it. • The Request is made to Congress annually. • Priorities must be weighed and choices made.

  4. The Players • Administration…proposes • Office of Management & Budget (OMB) • Office of Science & Technology Policy (OSTP) • Federal agencies such as NSF • Congress…disposes • The American Public • NSF constituent communities

  5. Plan Formulate Evaluate Execute NSF Budget and Planning Overview of Budget Process Performance Reports Budget Request to Congress

  6. NSF Budget & Planning Timeline FY 2013 FY 2014 Apr 13 May 13 Jun 13 Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14 FY13 Budget Cycle Commit, Obligate, Spend Financial Audit Publish FY13 Agency Financial Report Develop FY14 Interim Op Plan Commit, Obligate, Spend FY14 Budget Cycle Congressional Action on FY 2014 Develop / Submit Current Plan Receive FY14 Appropriation? Planning/Set Long-Term Priorities Develop/Submit FY15 Budget to OMB FY15 Discussions with OMB Develop and submit FY15 Budget to Congress FY15 Budget Hearings FY15 Budget Cycle NSF Budget Retreat NSB Meeting to review and approve budget Receive FY15 OMB “Passback” NSB Meeting - Planning SubmitFY15 Budget to OMB Submit FY15 Budget to Congress Budget Formulation Internal Milestones Budget Execution External Milestones Timing of internal deadlines and appropriations fluctuates from year-to-year

  7. Budget Formulation and Priority Setting at NSF

  8. The Federal Budget Process • First Monday in February: President’s Budget submitted to Congress. • February-September: Congress deliberates and, we hope, passes an Appropriation funding NSF for the coming year NLT 9/30. • October 1: New Fiscal Year Begins

  9. The President’s Budget Request The President’s Budget Analytical Perspectives Budget Appendix Budget in Brief

  10. After the “PresBud” is Delivered in February • Press conference by the President, followed by briefings by OSTP, and at NSF, the NSF Director and NSF Assistant Directors. • Hearings and questions for the record from the Hill. • Briefings for interested communities. Remember: The President proposes and Congress disposes!

  11. The New Normal: Appropriations DriftNSF Appropriations Date vs. Start of Federal Fiscal Year (Oct 1st)

  12. The Outlook for FY 2014 and Beyond • The Deficit = receipts - outlays • The Debt Ceiling, a legal construct on debt issued by Treasury. • The Budget Control Act of 2011

  13. The Budget Control Act of 2011 14 “Sequestration” is one outcome of the Budget Control Act. Sequestration was implemented in FY 2013. NSF Important Notice issued in February: “Impact of FY 2013 Sequestration Order on NSF Awards” is available online. Sequestration is scheduled to continue in FY 2014.

  14. The Gap in FY 2014 and Beyond

  15. Where Does NSF Fit? • A successful budget request will: • Meet Administration Priorities and legislative mandates • Consider external input • Provide a clear justification of what is needed any. Make our case! • Outline NSF’s role vis-à-vis other science agencies and partners.

  16. What’s Next in the Appropriations Process • October 1st – Start of FY 2014. • November/December/January?? Full Year FY 2014 Appropriations passed...with or without sequestration. • February 2ndFY 2015 President’s Budget Request to Congress.

  17. Budget and Policy Links • M-13-14 Fiscal Year 2015 Budget Guidance • www.whitehouse.gov/sites/default/files/omb/memoranda/2013/m-13-14.pdf • M-12-15, Science and Technology Priorities for FY 2014 Budget (FY 2015 guidance is pending) • www.whitehouse.gov/sites/default/files/omb/memoranda/2012/m-12-15.pdf • The President’s Budget for FY 2014 • www.whitehouse.gov/omb/budget/ • NSF Budget Requests and Performance & Accountability Reports http://nsf.gov/about/performance/ • Important Notice: Impact of Sequestration Order on NSF Awards • www.nsf.gov/publications/pub_summ.jsp?ods_key=in133

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