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.
Assistant Secretary for Management and Chief Financial Officer
Additional Resources
President’s Budget Request – Fiscal Year 2027:
The U.S. Department of Veterans Affairs (VA) is requesting a total of $488.2 billion in fiscal year (FY) 2027, a 7.7% increase above FY 2026 enacted.
The FY 2027 budget provides funding for the Secretary’s top priorities. It includes $131.9 billion in discretionary funding and resources for health care, benefits and national cemeteries. Additionally, there is $337.6 billion in mandatory funding, an increase of $22.6 billion or 7.2%, above 2026 for benefit programs, inclusive of Compensation and Pensions, Readjustment Benefits, Housing and Insurance, and continued funding for the Toxic Exposures Fund.
Current Budget Submission
- 2027 Budget in Brief (PDF, 55 pages, 964KB)
- FY27 Volume 1 – Supplemental Information and Appendices (PDF, 3 pages, 227KB)
- FY27 Volume 2 – Medical Programs (PDF, 485 pages, 4,821KB)
- FY27 Volume 3 – Burial and Benefits Programs and Departmental Administration (PDF, 369 pages, 5.5MB)
- FY27 Volume 4 – Construction and Long Range Capital Plan (PDF, 424 pages, 8MB)
- FY27 Volume 5 – Information Technology Programs and Electronic Health Record Modernization (PDF, 179 pages, 2.8MB)
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 it. The appropriation bills 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 the 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.