Budget
The Office of Budget supports the Department in service to Veterans by managing the strategic and policy decision making processes in the formulation, execution, analysis, justification and preparation of the Department’s budget. The office serves as the primary liaison with the Office of Management and Budget (OMB) and Congressional appropriations committees to defend and promote the Department’s program plans and budget estimates. The office also coordinates closely with program officials to ensure budget requests are technically accurate, performance-based and focused on improving the Veteran experience.
Deputy Assistant Secretary, Office of Budget
Additional Resources
President’s Budget Request – Fiscal Year 2024:
The U.S. Department of Veterans Affairs (VA) is requesting a total of $325.1 billion in fiscal year (FY) 2024, a 5.4 percent increase above FY 2023 enacted levels. The FY 2024 budget provides robust funding for the Secretary’s top priorities. It includes 142.8 billion, an increase of $3.0 billion or 2.1 percent, in discretionary funding and resources for health care, benefits and national cemeteries. Additionally, there is $182.3 billion in mandatory funding, an increase of $13.6 billion or 8.1 percent, above 2024 for benefit programs, inclusive of Compensation and Pensions, Readjustment Benefits, Housing and Insurance, and continued funding for the Toxic Exposures Fund.
Current Budget Submission
- View the full Presidential 2024 Budget and announcement
- Secretary McDonough statement on FY 2024 budget
- FY 2024 Budget Rollout Briefing (PDF, 28 pages, 740 KB)
- FY 2024 Budget in Brief (PDF, 52 pages, 847 KB)
VA’s budget is detailed in four volumes:
- Volume I—Supplemental Information and Appendices (PDF, 103 pages, 1.49 MB)
- Volume II—Medical Programs (PDF, 653 pages, 6.60 MB)
- Volume III—Burial and Benefits Programs and Departmental Administration (PDF, 474 pages, 5.24 MB)
- Volume IV—Construction, Long Range Capital Plan and Appendix (PDF, 540 pages, 9.05 MB)
- Volume V—Information Technology Programs and Electronic Health Record Modernization (PDF, 312 pages, 2.59 MB)
Budget Submissions Archives
- FY 2023 budget submission
- FY 2022 budget submission
- FY 2021 budget submission
- FY 2020 budget submission
- FY 2019 budget submission
- FY 2018 budget submission
- FY 2017 budget submission
- FY 2016 budget submission
- FY 2015 budget submission
- FY 2014 budget submission
- FY 2013 budget submission
- FY 2012 budget submission
- FY 2011 budget submission
- FY 2010 budget submission
- FY 2009 budget submission
- FY 2008 budget submission
Generic Annual Budget Time Frame
Budget Formulation
Internal Budget Review
- May—The Department issues internal guidance
- June—Offices submit preliminary budget requests and legislative proposals
- July—Internal budget discussions and final agency decisions by Secretary
- August—Prepare the budget submission to OMB
OMB and President’s Budget Review
- September—Budget request submitted for OMB
- October—OMB conducts hearings and reviews the budget request
- November and December—OMB Passback and final decisions on appeals
- December and January—Preparation of the President’s budget and Congressional Justifications
Congressional Budget Review
- 1st Monday in February—Submission of budget to Congress
- February and March—Congressional hearings on VA’s budget request
- April and Beyond—Congress completes action on the budget resolution and enacts. The appropriation bills that will be signed by the President.
Budget Execution
First Quarter
- October—Fiscal Year Begins; prepare apportionments; issue funding allocations. Submit budget and performance operating plans within 30 days after enactment.
- November—Submit Performance and Accountability Report of previous fiscal year.
- January—Submit quarterly budget status report to Congress.
Second Quarter
- April—Submit quarterly budget status report to Congress.
Third Quarter
- July—Submit quarterly budget status report to Congress.
Fourth Quarter
- October and November—Issue instructions for preparation of annual budget and performance operating plans for next fiscal year.
- Close out Fiscal Year.
