VA Office of Budget - Generic Annual Budget Time Frame
| Cycle | Month | Description |
|---|---|---|
| Internal Budget Review | May | The Department issues internal guidance |
| June | Offices submit preliminary budget requests and legislative proposals | |
| July | Internal budget discussions and final agency decisions by Secretary | |
| August | Prepare the budget submission to OMB | |
| OMB and President’s Budget Review | September | Budget request submitted for OMB |
| October | OMB conducts hearings and reviews the budget request | |
| November—December | OMB Passback and final decisions on appeals | |
| December/January | Preparation of the President’s budget and Congressional Justifications | |
| Congressional Budget Review | 1st Monday in February | Submission of budget to Congress |
| February/March | Congressional hearings on VA’s budget request | |
| April & Beyond | Congress completes action on the budget resolution and enacts
|
| FY Quarter | Month | Description |
|---|---|---|
| First Quarter | October | Fiscal Year Begins; prepare apportionments; issue funding allocations |
| Submit budget and performance operating plans within 30 days after enactment | ||
| November | Submit Performance and Accountability Report of previous fiscal year | |
| January | Submit quarterly budget status report to Congress | |
| Second Quarter | April | Submit quarterly budget status report to Congress |
| Third Quarter | July | Submit quarterly budget status report to Congress |
| Fourth Quarter | October/November | Issue instructions for preparation of annual budget and performance operating plans for next fiscal year |
| Close out Fiscal Year |
