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This document provides comprehensive guidance on the procedures and requirements related to rescission proposals and deferrals of budgetary resources as mandated by the Impoundment Control Act of
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How to fill out omb circular no a11
How to fill out OMB Circular No. A–11 (2002) Section 112—Rescission Proposals and Deferrals
01
Review the instructions provided in OMB Circular No. A–11 to understand the purpose of Section 112.
02
Gather necessary financial data and justifications for the proposed rescission or deferral.
03
Complete the required forms accurately, ensuring all fields are addressed.
04
Clearly articulate the reasons for the rescission or deferral, providing a strong rationale.
05
Submit the completed proposal to the appropriate OMB staff, ensuring compliance with submission deadlines.
06
Prepare to provide additional information or respond to inquiries from the OMB as needed.
Who needs OMB Circular No. A–11 (2002) Section 112—Rescission Proposals and Deferrals?
01
Federal agencies that are planning to propose rescissions or deferrals of funds.
02
Budget officials who need to understand the requirements for submitting such proposals.
03
Government auditors and oversight bodies assessing the management of federal funds.
04
Policy makers who are involved in budget planning and forecasting.
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What is OMB Circular No. A–11 (2002) Section 112—Rescission Proposals and Deferrals?
OMB Circular No. A–11 (2002) Section 112 outlines the process for federal agencies to propose rescissions (cancellations of budget authority) and deferrals (temporary withholding of budget authority) of appropriated funds.
Who is required to file OMB Circular No. A–11 (2002) Section 112—Rescission Proposals and Deferrals?
Federal agencies that seek to propose rescissions or deferrals of appropriated funds are required to file under OMB Circular No. A–11 (2002) Section 112.
How to fill out OMB Circular No. A–11 (2002) Section 112—Rescission Proposals and Deferrals?
Agencies must complete the required forms provided by OMB, including details on the specific funds being proposed for rescission or deferral, the reasons for the action, and any supporting documentation.
What is the purpose of OMB Circular No. A–11 (2002) Section 112—Rescission Proposals and Deferrals?
The purpose is to establish a formal process for agencies to propose cancellations or temporarily withhold appropriated funds, ensuring accountability and oversight in federal budgeting.
What information must be reported on OMB Circular No. A–11 (2002) Section 112—Rescission Proposals and Deferrals?
Agencies must report the amount of funds proposed for rescission or deferral, the appropriations account, justification for the action, and any related data or documentation supporting the proposal.
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