The federal budget process can have a tremendous impact on vital programs that make our State and our municipalities strong and stable. Staying aware of the impacts of the budget and working with your League and Federal representatives to respond to the proposals and can ensure the best possible outcome for municipalities.
The fiscal year is the accounting period for the federal government, beginning Oct. 1 and ending on Sept. 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2022 begins on October 1, 2021, and ends on Sept. 30, 2022.
Congress passes appropriations legislation to fund the government for every fiscal year. Appropriations acts are characteristically annual and generally provide funding authority that expires at the end of the federal fiscal year, September 30.
The House and Senate Committees on Appropriations have jurisdiction over the annual appropriations measures. Each committee is organized into subcommittees, with each subcommittee having responsibility for developing one regular annual appropriations bill to provide funding for departments and activities within its jurisdiction. Each House appropriations subcommittee is paired with a Senate appropriations subcommittee and the two subcommittees’ jurisdictions are generally identical.
The current appropriations subcommittee structure includes the following 12 subcommittees
- Agriculture, Rural Development, Food & Drug Administration, and Related Agencies
- Commerce, Justice, Science, and Related Agencies
- Energy and Water Development, and Related Agencies
- Financial Services and General Government
- Homeland Security
- Interior, Environment, and Related Agencies
- Labor, Health and Human Services, Education, and Related Agencies
- Legislative Branch
- Military Construction, Veterans Affairs, and Related Agencies
- State, Foreign Operations, and Related Programs
- Transportation, Housing and Urban Development, and Related Agencies
News & Updates
The Budget and Economic Outlook 2020 to 2030 from the Congressional Budget Office
An Analysis of the President’s 2022 Budget. The Congressional Budget Office’s summary and analysis of the 2020 Budget.
Federal Budget 2022 of the U.S. Government.
A Budget for America’s Future, Fiscal Year 2021 Budget of the U.S. Government
Non Entitlement Units of government (NEUs) have new deadlines for reporting. Project and expenditure data must be reported next on Jan 31, 2022 instead of Oct 31, 2021. The first reporting deadline for NEUs will be April 30, 2022 instead of Oct 31, 2021. Read on...
Over the past year, there has been ample federal funding for local governments. We ask that you share how your community has allocated these funds to date. to assist your colleagues and provide our representatives in Washington with information. Read on...
The Federal fiscal year begins today, October 1. Yesterday, the Senate and House passed a Continuing Resolution to fund the government through December 3 with $27 billion in new funding for disaster relief and refugee resettlement. Read on...
Risk Rating 2.0, the National Flood Insurance Program (NFIP) rating system, is scheduled to go into effect on October 1. Read on...
Federal budget issues of interest week of Sept. 24, including SALT Deduction Cap & Budget Reconciliation process proceeding. Read on...