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Draft FISCAL YEAR 2021 BUDGET DATE February 20, 2020SUMMARY OF APPROVED FY 20 & DRAFT FY21 BUDGET1 2 3 4 5 6 7 8 9 10 11 12 13 14GENERAL FUND OPERATIONS TOTAL GENERAL GOVERNMENT OPERATIONS REVENUE

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Gather all necessary financial data and projections.

02

Create a detailed budget outline following OMB guidelines.

03

Input all revenue and expenditure estimates into the budget.

04

Review and adjust the budget as needed to align with policy goals and priorities.

05

Submit the completed budget to the OMB for approval.

Who needs presidents budget - omb?

01

The President needs the budget to present to Congress and the public as a blueprint for the government's spending priorities.

02

Congress relies on the budget to make funding decisions for federal agencies and programs.

03

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What is presidents budget - omb?

The President's Budget prepared by the Office of Management and Budget (OMB) is a proposal outlining the federal government's revenue and spending for the upcoming fiscal year.

Who is required to file presidents budget - omb?

The President of the United States is required to submit the President's Budget to Congress.

How to fill out presidents budget - omb?

The President's Budget is typically prepared by the Office of Management and Budget (OMB) in collaboration with various federal agencies and departments.

What is the purpose of presidents budget - omb?

The purpose of the President's Budget is to outline the administration's policy priorities, funding recommendations, and overall financial plan for the federal government.

What information must be reported on presidents budget - omb?

The President's Budget must include detailed revenue projections, proposed spending levels for federal programs, and any policy or legislative changes the administration is seeking.

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