Department of Treasury

1
Department of Treasury

• Budget Formulation
• And
• Execution Manager

2
BFEM and BFE LoB Overview

• Genesis and History of BFEM
• Challenges, Solutions, and Benefits
• BFEM Vision
• Links to the Budget Formulation and Execution
  Line of Business
• Benefits of Shared Service

3
Genesis and History

• 2003 (pre-Divestiture)
• Lotus 123 - tracked numbers within the Budget
  Office
• June - September 2004
• Access Database - used to track number through
  the FY2006 Budget process on shared drive in
  Office of Performance Budget (OPB)
• June - September 2005
• BFM - used to track numbers through the FY2007
  Budget process by OPB
• June 2006
• BFEM deploy to bureaus/subcomponents and captures
  FY 2008 Departmental Submission (numbers only)
• September 2006
• BFEM captures the FY2008 OMB Submission with
  dynamic text and table generation
• April 2007
• BFEM Formulation Module made available on a
  multi-agency basis
• Six agency customers use the system.
• January 2008
• BFEM Performance Module made available on a
  multi-agency basis
• Future Vision
• Execution Module

4
Key Challenges
5
BFEM Solutions
6
BFEM Summary of Benefits

• Consistent Format in budget documents
• Very adaptable in user defined options, such as
  set up of accounts, budget activities,
  performance links
• Tracks budget data through multiple decision
  points in the budget formulation process
• Maintains historical budget data and written
  justifications
• Eliminates tedious formatting
• Provides significant time savings
• Central data repository - reducing human error
  and provides version control
• Pulls data from 2 different systems (budget and
  performance) into one document
• Dynamically generates budget with accurate data -
  linking text to the numbers

7
BFEM Process Flow
8
BFEM Vision
9
Link to BFE LoB

• The Budget Formulation and Execution Line of
  Business (BFE LoB) works to find common solutions
  to government-wide budget issues.
• The BFE LoB identified BFEM as an Agency
  Budgeting Tools Capability Solution.
• Treasury is working under the auspices of the BFE
  LoB to provide BFEM as a shared service.

10
Budget Formulation and Execution LoB Capabilities
Solutions - Phased Implementation
1. Agency Budgeting Tools
Budget Formulation Execution Line of Business
(BFE LoB)
2. Analytical Tools
3. Budget Performance Integration
4. Collaboration
Budget Formulation Execution Line of Business
(BFE LoB)
5. Data Collection Tracking
6. Document Production
7. Knowledge Management
8. Human Capital (the Federal Budgeting
Profession)
9. Program Management (Coordination, Standards,
Architecture)
Budget Execution, incl. Touch-Points with the FM
LoB
11
Benefits of Shared Service

• Agencies subscribe to centrally administered BFEM
  service.
• Treasury is managing partner of service.
• Benefits of centralized service.
• Common project management lowers administrative
  costs.
• Centralized infrastructure minimizes support
  costs.
• Knowledge sharing saves development expenditures.
  
• Result
• High quality tool at lower cost of ownership.

12
Appendix

• Screen Shots of the BFEM System.

13
Organizational Structure
Four Account Types
Appns
14
Building from Base
FY 2008 Base
FY 2009 Request
Modifications to Base
15
Fund Type Distribution
Fund and Data Types Within Base
16
Allocations
Allocation of Bureau Managed Funds By Budget
Object Class
17
Modification Details
FTE Modification
18
List Measures
19
Show Measure
20
Performance Report