Budget Formulation in the U.S. Virgin Islands

Master the skills necessary to build an accurate and defensible budget compliant with budget-related legislation and the strict standards of the Office of Management and Budget (OMB). Learn how to define outcomes and other performance measures, gather the data necessary to prepare a budget, identify the dollar resources needed to attain the performance outcomes, and present and defend your budget.

What You Will Learn

• Effectively use essential budget concepts and terminology
• Implement effective tools and techniques in documenting, presenting and justifying a budget
• Explain the relationship between the current and prior year budgets and the strategic plan
• Use effective techniques for formulating a budget that adhere to the requirements set forth in the Office of Management and Budget (OMB) Circular A-11
• Describe the presidential and congressional directed performance evaluation process
• Describe the steps for building a budget and effectively determine budget requirements that reflect the mission and strategic plan of your program
• Develop a performance budget in accordance with the requirements of the Government Performance and Results Act of 1993 (GPRA) and the GPRA Modernization Act of 2010

Who Should Attend

Budget analysts, financial management specialists and program managers who assist in the preparation of their organization's budget submission and compile cost data and other information to contribute to decisions about future program activities, funding and budget strategies. Participants should be familiar with general budget principles.

Health & Safety Protocols

For all on-site training in the insular areas, the Graduate School USA's Pacific and Virgin Islands Training Initiatives (PITI-VITI) works closely with local training hosts to ensure that participants, instructors, and training support staff enjoy a safe learning experience. Please note the following:

• Full details of PITI-VITI's health and safety guidelines are available here.
• Local health and safety guidelines for the government of US Virgin Islands, which will be hosting this training, is available at https://www.covid19usvi.com/.
• Please contact PITI-VITI Admin at [email protected] with any questions or concerns.

Tuition Fees

With funding support from the United States Department of the Interior, Office of Insular Affairs, courses are available free of charge for government accountability professionals within the insular areas. The course fee is waived and there is no cost to register and attend, Professionals who do not meet the above criteria, please contact [email protected].