Guideline on Common Financial Management Business Process 1.1 – Manage Planning And Budgeting
Long description for image: Figure 6. Develop Notional Budget Allocations (Subprocess 1.1.1) – Level 3 Process Flow
The figure is a process flow diagram consisting of activities, connectors, and inputs and outputs.
This diagram depicts the Level 3 process flow for Subprocess 1.1.1 – Develop Notional Budget Allocations. This subprocess begins with a connector from the Expenditure Management Cycle, which is outside the scope of the Manage Planning and Budgeting business process. The Expenditure Management Cycle provides two inputs. The first input is labelled “Annual Reference Level Update.” The second input is labelled “Prior-year plans and results” and is associated with the following note: “Prior-year plans and results may include the strategic plan, the Report on Plans and Priorities, the Departmental Performance Report, the investment plan, the three-year transfer payment plan, the integrated business plan, the corporate risk profile, the Management Accountability Framework assessment, prior-year actuals and forecasts, and prior-year budget allocations and reallocations.”
The flow advances to three activities that must be completed concurrently. The three activities are:
- Activity 1.1.1.1 – Confirm Annual Reference Level Update Budget Allocation;
- Activity 1.1.1.2 – Estimate Departmental Carry-Forward; and
- Activity 1.1.1.3 – Identify Treasury Board-Approved Funding Adjustments.
The flow advances to Activity 1.1.1.4 – Develop Notional Budget Allocations and then to Activity 1.1.1.5 – Develop and Communicate Integrated Planning Package, which results in two outputs. The first output is labelled “Notional budget allocations,” and the second output is labelled “Integrated planning package.” The two outputs connect to the following seven subprocesses:
- Subprocess 1.1.2 – Conduct Operational Planning, which is outside the scope of the Manage Planning and Budgeting business process;
- Subprocess 1.1.3 – Develop Revenue Budget;
- Subprocess 1.1.4 – Develop Operating Budget;
- Subprocess 1.1.5 – Develop Transfer Payment Budget;
- Subprocess 1.1.7 – Conduct Capital Asset Life-Cycle Planning and Budgeting;
- Subprocess 1.1.8 – Conduct Acquired Services Planning and Budgeting; and
- Subprocess 1.1.9 – Conduct Project Portfolio Planning and Budgeting.
Note A: Prior-year plans and results may include the strategic plan, the Report on Plans and Priorities, the Departmental Performance Report, the investment plan, the three-year transfer payment plan, the integrated business plan, the corporate risk profile, the Management Accountability Framework assessment, prior-year actuals and forecasts, and prior-year budget allocations and reallocations.