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Thursday, May 24, 2007

OMB restates fiscal 2008 IT budget request

The Office of Management and Budget restated the federal government’s information technology budget today, raising the fiscal 2008 request by almost $1 billion.

Every spring, usually by April, the Bush administration recalculates its IT budget after receiving missing data from agencies. The administration’s IT budget request for 2008 rose to $66.4 billion, up from the initial estimate of $65.5 billion in February.

In all, eight agencies saw their requests rise, 10 saw their requests fall and nine stayed the same under the reconfigured numbers.

...the Veterans Affairs Department, requested $47.9 million for its financial and logistics integrated technology enterprise program — more than $27 million more than in 2007.

-Jason Miller, FCW.com

READ MORE...

The FY2008 Financial Systems IT Budget total for the Federal government comes just under $1.97 Billion.

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