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OMB Bulletin No. 17-03, Audit Requirements for Federal Financial Statements; OMB Bulletin M07-02, Bulletin for Agency Good Guidance Practices, 72 Fed. Reg. 43432 (Jan. 25, 2007) OMB Bulletin M05-03, Information Quality Bulletin for Peer Review; OMB Bulletin B01-09, Form and Content of Agency Financial Statements
[6] [7] Directive No. 1 stipulates the responsibilities of Federal statistical agencies and units, [1] and some may be more relevant than the other to the specific objective of an agency. [ 8 ] [ 9 ] Subsequent directives and revisions are issued only when necessary to ensure the quality, objectivity, and coordination of Federal official ...
The Office of Management and Budget (OMB) is the largest office [a] within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, [2] but it also examines agency programs, policies, and procedures to see whether they comply with the president's policies and coordinates inter-agency policy initiatives.
OMB also manages the city's capital financing programs through the issuing of bonds, and conducts legal reviews of capital projects financed with bond proceeds. [1] New York City has the largest municipal budget in the United States at $95.1 billion in Fiscal Year 2021 (as of the City's January 2021 Financial Plan). [2]
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Executive Order 12866 in the United States, issued by President Clinton in 1993, requires a cost–benefit analysis for any new regulation that is "economically significant", which is defined as having "an annual effect on the economy of $100 million or more or adversely affect[ing] in a material way the economy, a sector of the economy, productivity, competition, [or] jobs," or creating an ...
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