FY 2003 Budget Request (Proposed)

The FCA proposes a total budget of $38,033,000 for Fiscal Year (FY) 2003 as shown in the following tables. This is a decrease of $6,000 from the FY 2002 total budget. The FY 2003 assessment remains unchanged from $36,700,000 in FY 2002.

The Administration is proposing legislation to require agencies, beginning in FY 2003, to pay the full Government share of the accruing cost of retirement for current CSRS employees and for all current employees the cost of post-retirement health benefits. The total estimated cost for FY 2003 is $1,796,000.

Budget Trends

78-956 D-31

FY 2002 Revised Budget compared with the FY 2003 Proposed Budget

Total Obligations

Funding for Proposed

Legislation

Revised Total
Obligations

See Footnote 1.

$34,175,000 $34,529,000 $35,048,000 $38,039,000 $38,033,000

$34,175,000 $34,529,000 $35,048,000 $38,039,000 $39,829,000

The Office of Chief Operating Officer was replaced by the Office of Chief Executive Officer in October 1997 and was reactivated in July 2000.

3

The publications function was transferred from the Office of Chief Information Officer to the Office of Congressional and Public Affairs in FY 2001.

The Office of Resources Management was replaced by the Offices of Chief Financial Officer, Chief

Administrative Officer, and Chief Information Officer effective October 1, 2000.

5

Excludes costs of offices, such as Examination and General Counsel, that assist in the examination and supervisory activities of the Federal Agricultural Mortgage Corporation (Farmer Mac).

6 Amount includes undistributed estimate for performance pay.