The Office of Management and Budget (OMB) recently sent a letter to agency and department heads informing them that FY 2015 budget submissions should include reductions that bring the overall submission to a level that is 10 percent below the net discretionary FY 2015 total provided for the agency in the FY 2014 budget. OMB suggests that to help meet these targets, all agencies should look for ways to reduce fragmentation, overlap, and duplication, and increase effectiveness. In addition, all Federal agencies have been asked to provide an updated strategic plan along with the 2015 budget, as well as an updated performance plan with specific strategies and performance goals through the end of2015. These budget submissions are the first step in developing the Administration’s FY 2015 budget.
Click here to read the OMB letter.
