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Management Concepts

Budget Analyst's Essential Guide to Formulation, Justification, and Execution

Sep 30—Oct 2, 2019
3 days
Washington, District of Columbia, United States
USD 859
USD 286 per day
Oct 15—17, 2019
3 days
Tysons, Virginia, United States
USD 859
USD 286 per day
Oct 28—30, 2019
3 days
San Antonio, Texas, United States
USD 859
USD 286 per day
+31 more options

How it works

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Description

Without proper knowledge in all aspects of agency budget function, Federal personnel are unable to support organizational compliance with laws and regulations such as the Government Performance and Results Modernization Act (GPRAMA). In-depth discussions and practical exercises will provide you with the ability to better prioritize tasks, as well as strategize on how to make more effective budgeting decisions.

Learning Objectives

  • Facilitate your agency's participation in the federal budget process
  • Budget for costs involving labor and nonlabor categories by object class and major program activity
  • Identify the characteristics of an outcomes-oriented justification and critique justifications written by others
  • Collaborate with program managers to track, monitor, and analyze program spending
  • Ensure alignment with the financial plan and apply tools to modify it when appropriate
  • Budget for agency performance based on legislative and OMB requirements
  • Accommodate requirements of the GPRA Modernization Act (GPRAMA) in the ongoing effort to budget for agency performance

Course Topics

Overview of the Federal Budget Process in the Age of Performance

  • Terminology Review
  • Budget Authority vs. Outlays
  • The President’s Budget
  • The Federal Budget
  • The Budget Cycle
  • Budget Calendar
  • Formulation of the President’s Budget
  • Congressional Budget Process
  • Legislative Branch Roles
  • Executing the Budget
  • Exercise: The Federal Budget Process

Formulation

  • Evolution of Budget and Accounting Legislation
  • Government Performance and Results Act Modernization Act (GPRAMA) Requirements
  • The New Era of Performance Planning
  • President's Management Agenda

Developing the Unit Budget

  • Step 1: Collect and Read Guidance
  • Step 2: Identify Agency Priority Goals
  • Step 3: Collect or Estimate Performance Data
  • Step 4: Calculate Employment Requirements
  • Step 5: Calculate Employment Costs
  • Step 6: Estimate Other Object Class Cost Categories
  • Step 7: Budget for Capital Assets
  • Step 8: Adjust Estimates
  • Step 9: Schedule the Operating Budget
  • Step 10: Calculate Other Financial Measures
  • Step 11: Budget Justification

Writing Effective Budget Justifications

  • Exercise: What Do You Need to Justify?
  • General Requirements
  • Linking Funding to Performance
  • Budget Submissions to OMB
  • Planning the Message
  • Modeling the Three Cs (Clear, Concise, and Complete)
  • The Case for Editing
  • Exercise: Using the Writing Tips
  • Exercise: Sample Justification Critiques
  • Additional Support to Improve Justification Written Documents
  • Exercise: Budget Justification Checklist
  • Exercise: Writing Justifications

Budget Execution

  • Internal Control
  • Availability of Budgetary Resources
  • Life Cycle of an Appropriation
  • Key Execution Activities
  • Receipt of an Appropriation, Establishment of a Fund Balance by Treasury, and Receipt of an Apportionment
  • Exercise: Department of Defense Appropriations Act
  • Apportionment
  • Financial Plan
  • Allotments, Commitments, and Obligations
  • Reimbursable Authority
  • Revolving Funds
  • The Antideficiency Act
  • Funds Control
  • Monitoring a Financial Plan
  • Revision of Operation Plan
  • Exercise: Status of Funds
  • Budget Execution Flexibility

Who should attend

This course is designed for program managers and those involved with performance as well as financial management and nonfinancial management personnel who could benefit from a guided tour through the federal budget process to improve their skills in formulating, justifying, and executing agency budgets.

Next dates

Sep 30—Oct 2, 2019
3 days
Washington, District of Columbia, United States
USD 859
USD 286 per day
Oct 15—17, 2019
3 days
Tysons, Virginia, United States
USD 859
USD 286 per day
Oct 28—30, 2019
3 days
San Antonio, Texas, United States
USD 859
USD 286 per day
+31 more options

How it works

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