Budget Execution
Budget execution is the process by which the financial resources made available to an agency are directed and controlled toward achieving the purposes and objectives of the requesting agency. In today’s complex budgeting world, having systems and people that can link core financial management data with budget and performance data is critical to an agency’s success. Integrating the systems, resources, and best practices that exist in the budget execution space with their counterparts in the financial management space helps ensure that funds are managed in the most efficient and effective manner and are communicated to management and stakeholders in real time. PPC develops integrated systems and tools that address the complete sequence of events in the budget execution cycle, including appropriations, apportionments, allotments, commitments, obligations, expenditures, and outlays. Our approach is to ensure that the information contained in financial management systems are properly tracked and measured in a way that is meaningful for budget processes and analysis. This integrated approach allows budget execution data to be available for current-year reporting and analysis and readily available for out-year planning efforts concurrently under way.