Finance and Performance Budgeting Division

MISSION

The Finance and Performance Budgeting Division (FPB) provides financial and budget information and service to its customers. FPB provides financial and budget oversight for TTB, represents TTB at Treasury in financial matters, reviews management and internal controls, monitors the financial position of TTB, and coordinates the outsourcing of the core financial accounting system.

FUNCTIONS

FPB’s responsibilities are divided into the areas of budget formulation and performance integration, budget execution, and accounting/revenue accounting.

Budget Formulation and Performance Integration

Prepare Congressional and Office of Management Budget (OMB) briefing materials.

Prepare Departmental, Congressional, and OMB budget submissions.

Respond to OMB/Treasury DO Budget Data Requests (BDRs).

Reconcile and take responsibility for OMB MAX data input.

Budget Execution

Execute budget actions in accordance with Administration guidelines.

Move funds monthly and at midyear between object classes on budget plans.

Maintain Mid/MAX sheet.

Track major contracts.

Perform midyear review.

Enter purchase requests.

Accounting/Revenue Accounting

Coordinate link to NRC and the Bureau of the Public Debt’s Administrative Resource Center.

Analyze audit contracts.

Perform systems accounting.

Review and certify monthly Treasury Information Executive Repository (TIER) data and annual financial statements.

Serve as key analyst for management controls of financial activities.

Serve as back-up on budget formulation and budget execution matters or special projects (OMB Budget Data Requests, etc.).

Perform accounting for excise taxes from the alcohol, tobacco, firearms and ammunitions industries, including accounting for tax collections, refunds, cover-over payments, billings, write-offs, and revenue accruals.