Transform your daily workflows and OCR Budget Proposal

Aug 6th, 2022
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How to OCR Budget Proposal

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In this video, we will take a look at key points in writing a project budget to be submitted with a grant proposal. I will use examples from grants available through the NNLM Southeastern/Atlantic Region to illustrate some details, but of course, we are not the only option out there for grant funding. If you apply for other grants, some of the details discussed here will be different, but the goal of this video is to give you an idea of the information youll need when creating your budget. Every grant will have certain expenses that you are allowed to spend the grant money on. Money from NNLM grants can cover a variety of things, including project personnel, travel, equipment and technology, collection materials, supplies, publicity for events related to your project, and printing. Be aware that a grant might place limits on how much money you can spend on a certain allowed expense. This limit might be either a specific dollar figure or a percentage of the project budget. For example

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Congress increased the National Science Foundations budget by 4% to $8.8 billion for fiscal year 2022, well short of the Biden administrations proposal for a 20% boost. The administration is aiming high again for fiscal year 2023, requesting a nearly 20% increase to $10.5 billion.
The director and deputy director are responsible for administration, planning, budgeting and day-to-day operations of the foundation, while the NSB meets six times a year to establish its overall policies. The current NSF director is Sethuraman Panchanathan.National Science Foundation. Agency overviewAnnual budget$8.28 billion for 20208 more rows
The National Science Foundations budget increased by 12% to $9.87 billion for fiscal year 2023, short of the 19% increase the Biden administration requested and the 35% increase Congress targeted in the CHIPS and Science Act.
The United States federal budget for fiscal year 2023 runs from October 1, 2022, to September 30, 2023. The government was initially funded through a series of three temporary continuing resolutions. The final funding package was passed as an omnibus spending bill, the Consolidated Appropriations Act, 2023.
Congress increased the National Science Foundations budget by 4% to $8.8 billion for fiscal year 2022, well short of the Biden administrations proposal for a 20% boost. The administration is aiming high again for fiscal year 2023, requesting a nearly 20% increase to $10.5 billion.
GAO FY 2023 Request and Priorities GAO requests $810.3 million for FY 2023, an increase of $91.1 million (12.7 percent) over the enacted FY 2022 level. GAO also requests the use of $61.0 million in offsets and supplemental appropriations.

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