Budget Formulation
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
- The appropriation bills that will be signed by the President
|